FactSet Stock Rises on Q3 Profit Beat, Raised Guidance
FactSet(FDS) Investopedia·2024-06-21 22:30
Key TakeawaysFactSet Research Systems beat third-quarter profit forecasts and raised its full-year outlook as revenue and operating margin gained.The financial data provider said sales to institutional asset managers, asset owners, partners, and corporates increased.FactSet boosted its 2024 adjusted earnings per share (EPS) estimate, although it lowered its revenue guidance. FactSet Research Systems (FDS) shares advanced Friday after the financial data provider posted significantly better-than-expected prof ...