FactSet reported Q3 earnings slightly below expectations, but revenue exceeded estimates, affirming positive outlook
From Financial Modeling Prep: 2025-06-23 16:18:00
FactSet Research Systems (NYSE:FDS) reported fiscal Q3 results with adjusted earnings of $4.27 per share, slightly missing expectations. However, revenue of $585.5 million surpassed estimates, up 5.9% YoY. Organic revenue grew 4.4% to $577.2 million, driven by wealth management and institutional buy-side segments.
Management remains confident in the company’s strategic direction, highlighting strong client momentum and a robust pipeline. FactSet reaffirmed its fiscal 2025 guidance, expecting adjusted EPS of $16.80 to $17.40 and revenue between $2.305 billion and $2.325 billion, aligning with Street expectations.
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