FactSet Research Systems, Inc. (FDS) reported Tuesday that net income for the first quarter increased to $148.56 million or $3.84 per share from $136.80 million or $3.52 per share in the prior-year quarter.
Excluding items, net income was $4.12 per share, compared to $3.99 per share last year.
Revenue for the quarter increased 7.4 percent to $542.22 million from $504.82 million in the same quarter last year. Organic revenues grew 7.2 percent to $541.39 million.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $4.11 per share on revenues of $540.36 million for the quarter. Analysts' estimates typically exclude special items.
For fiscal 2024, the company now projects earnings in a range of $13.95 to $14.35 per share and adjusted earnings in a range of $15.60 to $16.00 per share on revenue between $2.20 billion and $2.21 billion.
Previously, the company expected earnings in the range of $14.20 to $14.70 per share and adjusted earnings in the range of $15.65 to $16.15 per share on revenue between $2.21 billion and $2.23 billion
The Street is looking for earnings of $16.08 per share on revenues of $2.22 billion for the year.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.