FactSet Research Systems Inc. (NYSE: FDS), a leading provider of data analytics services, has reported a decline in fourth-quarter adjusted profit, despite an increase in revenues.
- Fourth-quarter revenues increased 7.3% year-over-year to $535.8 million; organic revenue was up 7.2%
- Q4 operating margin was 21.9%, down 460 bps from last year; adjusted operating margin rose by 210 bps
- On a per-share basis, earnings came in at $1.68, down 37.5% from the prior year; adjusted EPs dropped 6.4% to $2.93
- For fiscal 2024, the company forecasts ASV plus professional services growth between 6% and 8%
- Full-year revenue is expected to grow in the range of 6% to 7%; adjusted operating margin is seen growing 10-50 bps
- The management expects adjusted earnings per share to increase in the 6.5-10% range in FY24
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
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,