FactSet Research Systems Inc. (NYSE: FDS), a leading provider of data analytics services, reported a double-digit increase in adjusted earnings for the fourth quarter of 2024 when its revenues grew about 5%.
- The company reported revenues of $562.2 million for the August quarter, up 4.9% from the prior year period
- Organic annual subscription value plus professional services rose 4.8% annually to $2.27 billion in Q4
- Operating margin rose by 110 bps to 22.7%; adjusted operating margin came in at 35.8%, up 240 bps from the prior year
- Q4 earnings, on an adjusted basis, increased 23.8% annually to $3.74 per share; unadjusted EPS rose 38% to $2.32
- For fiscal 2025, the company expects organic annual subscription value to grow 4-6%
- Full-year revenue is expected to be in the range of $2.29 billion to $2.31 billion
- The management is looking for adjusted operating margin in the range of 36% – 37% for FY25
- Adjusted net income is expected to be between $16.80 per share and $17.40 per share in fiscal 2025
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
MS Earnings: Morgan Stanley Q1 2025 revenue and earnings beat estimates
Morgan Stanley (NYSE: MS) on Friday reported higher revenues and net profit for the first quarter of 2025. The latest numbers also exceeded analysts’ estimates. The company reported net revenues
WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2025 financial results
Wells Fargo & Company (NYSE: WFC) reported its first quarter 2025 earnings results today. Total revenue decreased 3% year-over-year to $20.15 billion. Net income grew 6% to $4.89 billion and
JPM Earnings: All you need to know about JPMorgan’s Q1 2025 earnings results
JPMorgan Chase & Co. (NYSE: JPM) reported its first quarter 2025 earnings results today. Reported net revenue increased 8% year-over-year to $45.3 billion. Managed net revenue was $46 billion, also
