Sarah Patel's Avatar
published in Blogs
Oct 01, 2021
FactSet (FDS, $395.23) expects revenue and EPS rise in fiscal 2022

FactSet (FDS, $395.23) expects revenue and EPS rise in fiscal 2022

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 a share on revenue of $1.59 billion for the prior year.

The company said that it projects adjusted earnings in the range of $12 a share to $12.30 a share. It expects operating margin of 31% to 32% (32.5% to 33.5% on an adjusted basis).

Related Tickers: FDS