FactSet Research Systems, Inc. (FDS) delivered robust results in the third quarter of fiscal 2024, driven by high volume through sales to institutional assets managers, asset owners, partners and corporates. The earnings beat, however, failed to impress the market as the company’s shares declined 2% since the release of results on Jun 21. FDS’s earnings per share (excluding 28 cents from non-recurring items) of $4.4 surpassed the consensus mark by 11.8%. It increased 15.3% on a year-over-year basis. The com ...