FactSet Research Systems (FDS) reported third quarter adjusted EPS of $1.15 Tuesday morning, which matched the consensus estimate. Revenues increased 6 percent to $214.61 million from $202.31 million last year, but missed the consensus estimate of $214.94 million. The company expects to report fourth quarter EPS of $1.18 to $1.21. The consensus estimate is for EPS of $1.18.
FactSet Research Systems gapped open sharply lower Tuesday and is now down 5.56 at $98.20. The stock is pulling back from resistance and has set a 2-week low.
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