Factset Research Systems (FDS) Reports In-Line Q3 EPS

Factset Research Systems (NYSE: FDS) reported Q3 EPS of $1.25, in-line with the analyst estimate of $1.25. Revenue for the quarter came in at $231.8 million versus the consensus estimate of $230.57 million.

Factset Research Systems sees Q4 2014 EPS of $1.30-$1.32, versus the consensus of $1.29. Factset Research Systems sees Q4 2014 revenue of $235-240 million, versus the consensus of $235.6 million.

"I'm pleased to see that our ASV growth rate accelerated to 7% and adjusted EPS grew by 11% in the just completed third quarter," said Philip Hadley, Chairman and CEO. "We continued to capitalize on our opportunities as evidenced by adding 30 net new clients and 620 net new users in the past three months. I'm also excited to announce that Phil Snow has accepted the role as President, effective July 1st."

For earnings history and earnings-related data on Factset Research Systems (FDS) click here.

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