Earnings Surprise Are On Cards For FactSet Research Systems Inc. (FDS)?

FactSet Research Systems Inc. (NYSE:FDS) is set to announce third quarter earning results on Thursday 25th June 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, FDS to report 3Q20 income of $ 2.43 per share from revenue of $ 376.03 million.

For the full year, analysts anticipate top line of $ 1491.18 million, while looking forward to income of $ 10.00 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,490.00 million ~ $ 1,500.00 million, where as bottomline are predicted in a range of $ 9.85 ~ $ 10.15 per share

Stock Performance

According to the previous trading day, closing price of FDS was $ 297.21, representing a 52.24 % increase from the 52 week low of $ 195.22 and a 6.7 % decrease over the 52 week high of $ 318.55.

The company has a market capital of $ 11.26 billion and is part of the Financial Services sector and Capital Markets industry.

Recent Analyst recommendations

On 3rd June 2020, maintained by Deutsche Bank at Hold rating, with $ 293.00 target price.

Recent Stock Dividend Announcement

On May 5, 2020, the board of directors authorized quarterly dividend of $ 0.77 per share to holders of record as of the close of business on May 29, 2020, with payment date of June 18, 2020 and ex-dividend date on May 28, 2020.

Conference Call

FactSet Research Systems Inc. will be hosting a conference call at 11:00 AM eastern time on 25th June 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 833.726.6487 U.S. or 830.213.7677 Toll Number, with passcode : 2889655 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/6u67xr6f

FactSet Research Systems Inc. provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.

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