FactSet Research Systems Inc. provided earnings guidance that were below Wall Street expectations, while revenue forecast exceeded expectations. The data products company expects fiscal 2023 revenue to be in the range of $2.1 billion to $2.115 billion, compared to analysts’ forecast of $2.04 billion (based on FactSet poll). Adjusted earnings are projected to be between $14.50 and $14.90 a...

CME Group posted second quarter earnings of $1.97 per share, exceeding the Zacks Consensus Estimate of $1.92 per share. The figure is higher than the year-ago quarter’s $1.64 per share. The company’s revenues came in at $1.24 billion for the quarter, missing the Zacks Consensus Estimate by 0.77%. Revenues were $1.18 billion a year ago. Following their earnings release, research analysts at...

FactSet Research Systems Inc. posted its third quarter fiscal 2022 earnings that surpassed the Zacks Consensus Estimate. Revenue, too, topped estimates from Zacks consensus. The data/software company’s adjusted earnings rose +38.2% from the year-ago quarter to $3.76 per share, exceeding the Zacks Consensus Estimate by 18.2% . Revenues surged +22.3% from the year-ago quarter to $488.8 million,...

Moody’s earnings came in at $2.33 earnings per share, falling short of analysts’ consensus estimates of $2.38. Revenue rose +19.3% from the year-ago quarter to $1.54 billion during the quarter, topping analysts’ expectations of $1.51 billion. Moody’s had a net margin of 35.61% and a return on equity of 91.13%. The Zacks Consensus Estimate for the company’s first-quarter earnings is $2.91. The...

FactSet Research Systems Inc. posted second-quarter fiscal 2022 results that surpassed analysts’ expectations. The financial data company’s adjusted earnings rose +20.2% from the year-ago quarter to $3.27 a share, exceeding the Zacks Consensus Estimate by 10.5%. Revenues climbed +10% year-over-year to $431.1 million in the quarter also surpassed the Zacks Consensus Estimate by 1%. The...

FactSet Research posted earnings of $3.25 per share for the quarter ended November 2021, surpassing the Zacks Consensus Estimate of $2.99 per share. This is also higher than the year-ago quarter’s $2.88 per share. The financial data company’s revenues of $424.73 million also exceeded the Zacks Consensus Estimate by 1.25%. This was an increase over the year-ago quarter’s $388.21 million. The...

Coinbase Global shares fell on Tuesday, after the company disappointed on third quarter earnings. The biggest U.S. cryptocurrency exchange earnings for the third quarter came in at $1.62 a share, up from 23 cents a year ago. But they fell short of the $1.77 a share expected by analysts polled by FactSet. Coinbase reported quarterly revenue of $1.31 billion, in line with analysts’ estimates...

FactSet Research Systems Inc. expects its earnings per share and revenue to increase for full fiscal year 2022, as it generated gains from sales of analytics, content and technology solutions and research for the latest quarter. The analytics company expects earnings in the range of $11.60 a share to $11.90 a share on revenue of $1.705 billion to $1.72 billion. It reported earnings of $10.36...

Moody's second-quarter  adjusted earnings rose +15% from the year-ago quarter to $3.22 per share, which handily surpassed Zacks Consensus Estimate of $2.76.

Revenues grew +8% from the year-ago quarter to $1.55 billion, above Zacks Consensus Estimate of $1.49 billion.Foreign currency tailwinds  impacted the top line by 3%.

The company experienced tailwinds in the form of bond issuance volume, that bolstered revenue growth.

The inclusion will be subject to regulatory approval.

The proposed contract will be cash-settled.

Amid the success of Bitcoin futures and options, CME Group will add Ether futures to its cryptocurrency risk-management solutions.This is expected to offer the clients a tool to trade and hedge this digital currency.

In January 2020, CME launched bitcoin options and options on SOFR.

S&P Global (SPGI) announced on November 30 that it would be acquiring IHS Markit (INFO) for $44 billion.The deal is one of the two largest mergers of 2020 and it has put the market data services industry in the spotlight. This particular merger was of major interest to me as I have S&P Global, MSCI (MSCI) and Factset Research (FDS) in my 20/2o Model Portfolio.

S&P Global (SPGI) announced on November 30 that it would be acquiring IHS Markit (INFO) for $44 billion.The deal is one of the two largest mergers of 2020 and it has put the market data services industry in the spotlight. This particular merger was of major interest to me as I have S&P Global, MSCI (MSCI) and Factset Research (FDS) in my 20/2o Model Portfolio.

FactSet shares rose during pre-market trading, following news of its fiscal third-quarter earnings beat. The financial data services company reported earnings of $2.62 per share, which surpassed analysts’ estimates of $2.36 per share.The figure also reflects a +20.2% increase from the same quarter in the prior year.  Revenue of $364.5 million also came in higher compared to the Street expectations of $359.25 million. According to CEO Phil Snow,  FactSet’s performance reveals resilience of the company’s long-term strategy in the face of sector and industry headwinds.

The parent company of Standard & Poor’s, S&P Global (NYSE: SPGI), is at a critical juncture on its chart and the company is getting ready to report earnings later this week.This rally has brought the stock back up to the $195 level and the company will report fourth quarter earnings results on Thursday, February 7. S&P Global’s fundamentals have been strong over the last few years.

Intercontinental Exchange Inc., the owner of some of the largest futures markets and the New York Stock Exchange, wants to build a global platform for Bitcoin trading. Named Bakkt, Intercontinental Exchange Inc.’s latest venture will  aim to provide  “an open and regulated, global ecosystem for digital assets”, according to its statement on Friday.The venture plans to start offering one-day futures contract in November, which will give bitcoins (versus cash) to contract holders upon the contract’s expiration.  The company will team up with Starbucks and Microsoft, in addition to several venture capital/investment firms, for setting up this platform.