FactSet Research Systems Inc. (NYSE: FDS) reported its financial results for its third quarter ended May 31, 2020. The top-line rose by 3% driven by higher sales of analytics, content, and technology solutions (CTS), and wealth management solutions.
FactSet increased its quarterly dividend by $0.05 per share or 7% to $0.77 marking the fifteenth consecutive year the company has increased dividends, highlighting its continued commitment to returning value to shareholders. The dividend was paid on June 18, 2020, to holders of record of FactSet’s common stock on May 29, 2020.
For fiscal 2020, the company now expects revenue in the range of $1.485-1.49 billion. The earnings guidance is now predicted to be $9.60-9.80 and adjusted earnings outlook is now projected to be $10.40-10.60. Organic ASV plus professional services are now expected to increase in the range of $60-75 million over fiscal 2019. The change in the anticipated range reflects the currently expected business impacts resulting from the coronavirus pandemic.
Take a look at our Finance articles here
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion