FactSet easily exceeds expectations







Photo credit © UzirePictures

(Boursier.com) — FactSet , a global financial digital platform and enterprise solutions provider, reported this Friday, for its third fiscal quarter, revenues of $552.7 million, an increase of 4.3% year-over-year, for an operating GAAP margin in increase of 420 basis points to 36.6% and an adjusted margin of 39.4%, growth of 340 basis points. Adjusted diluted profit increased 15% to $4.37. For the financial year, revenues are expected between $2.18 and $2.19 billion, for an adjusted margin ranging from 37 to 37.5% and adjusted EPS ranging from $16 to $16.4. The consensus was $3.9 quarterly adjusted EPS for $552.7 million in revenue. It stood at $15.98 in adjusted earnings per share for the year.


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