earnings
confidence high
sentiment neutral
materiality 0.75
FactSet Q3 EPS $4.09 (up 18.2%), rev $552.7M; guides FY24 ASV growth lower to $85-120M
FACTSET RESEARCH SYSTEMS INC
2024-Q3 EPS reported
$11.58
revenue$1,640,869,000
- GAAP revenues $552.7M (+4.3% YoY); organic revenues $553.4M (+4.5%).
- GAAP diluted EPS $4.09, up 18.2%; adjusted diluted EPS $4.37, up 15.3%.
- Organic ASV+professional services growth guidance lowered to $85-$120M from $110-$150M.
- Quarterly dividend raised 6% to $1.04 per share; $59.8M in share repurchases during Q3.
- Invested $12.5M in Aidentified; operating margin expanded 340 bps to 39.4% adjusted.