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.
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06