Earnings Alerts

FactSet Research Systems Inc (FDS) Earnings: 1Q Adjusted EPS Surpasses Expectations at $4.37

By December 19, 2024 No Comments
  • FactSet’s adjusted earnings per share (EPS) for Q1 was $4.37, surpassing the previous year’s $4.12 and beating the estimate of $4.27.
  • The company’s revenue reached $568.7 million, representing a 4.9% increase year-over-year, and exceeding the expected $565.5 million.
  • Adjusted operating income rose by 4.8% year-over-year to $213.8 million, outperforming the estimate of $208.9 million.
  • The adjusted operating margin was maintained at 37.6%, matching both the previous year and outperforming the estimate of 37.1%.
  • In the Americas, revenue increased by 5.4% year-over-year to $367.2 million, surpassing the estimate of $364.5 million.
  • EMEA region revenue grew by 3% year-over-year to $143.8 million, slightly below the expected $143.9 million.
  • Asia Pacific revenue rose by 6.3% year-over-year to $57.7 million, exceeding the estimated $57.3 million.
  • FactSet’s client count rose by 3.8% year-over-year to 8,249, slightly below the estimate of 8,266.
  • User count increased by 5.4% year-over-year to 218,267, slightly under the projected 220,013.
  • Analyst recommendations include 4 buy ratings, 11 holds, and 7 sells.

Factset Research Systems Inc on Smartkarma

Analyst coverage of FactSet Research Systems Inc on Smartkarma, by Baptista Research, provides insights on the company’s performance and challenges. In one report titled “Dealing With Challenges Related To Market Saturation and Competition in Enterprise-Level Service! – Major Drivers,” FactSet’s fiscal Q4 2024 earnings presentation revealed a mix of challenges and successes. The company showed growth with organic ASV plus professional services increasing by 4.8% year-over-year, totaling $104 million. Total revenue rose to $2.2 billion, and adjusted EPS increased to $16.45, indicating a 12.3% growth over the fiscal year.

In another report, Baptista Research discusses FactSet’s ability to cope with risks and challenges in the evolving data landscape. The report, “How Is It Dealing With The Risk of Aligning With Evolving Data Demands & Other Challenges? – Major Drivers,” highlights the company’s annual organic ASV plus professional services growth, climbing to $104 million or 4.8%. Total annual revenue reached $2.2 billion, and adjusted operating margin improved to 37.8%, with adjusted EPS reaching $16.45, evidencing a 12.3% growth. Despite challenges in the market environment, FactSet continues to navigate to strengthen its position in the industry.


A look at Factset Research Systems Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

FactSet Research Systems Inc. has received a mix of Smart Scores across various factors, with particularly strong scores in Growth and Momentum. With a Growth score of 4, the company is showing promising potential for expansion and development in the long term. This indicates a positive outlook for FactSet’s ability to enhance its market position and profitability over time.

In addition, the Momentum score of 5 suggests that FactSet Research Systems Inc. is currently experiencing strong positive price trends and investor interest. This momentum can potentially drive the company’s stock price higher in the foreseeable future. While the scores for Value and Dividend are more moderate, the overall mix of ratings indicates a positive trajectory for FactSet in terms of growth and market performance.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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