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
AbbVie Q4 2024 adjusted earnings decline despite 6% revenue growth
Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) announced fourth-quarter 2024 financial results, reporting a double-digit dip in adjusted earnings and an increase in revenues. The company reported worldwide net revenues of
CVX Earnings: Chevron Q4 2024 revenue grows 11% YoY
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced fourth-quarter 2024 financial results, reporting an increase in revenues. Net income attributable to Chevron Corporation rose to $3.24 billion or
Colgate-Palmolive (CL) Q4 2024 Earnings: Key financials and quarterly highlights
Colgate-Palmolive Company (NYSE: CL) reported its fourth quarter 2024 earnings results today. Net sales of $4.94 billion remained relatively unchanged from the prior-year quarter. Organic sales grew 4.3%. Net income