FactSet beats Q1 expectations, reaffirms 2025 outlook


NEW YORK – FactSet Analysis Methods Inc . (NYSE:FDS) (NASDAQ:FDS) reported better-than-expected first quarter outcomes and reaffirmed its full-year 2025 steering on Thursday.

The monetary knowledge and analytics firm posted adjusted earnings per share of $4.37, surpassing analyst estimates of $4.25. Income rose 4.9% year-over-year to $568.7 million, additionally topping expectations of $565.1 million.

“Purchasers more and more look to us as a associate of option to carry better productiveness and unlock efficiencies throughout their enterprise workflows,” mentioned CEO Phil Snow.

Natural income, which excludes acquisitions and foreign money impacts, grew 4.7% within the quarter. Annual Subscription Worth (ASV) elevated 4.5% organically to $2.26 billion.

FactSet maintained its fiscal 2025 outlook, projecting adjusted EPS of $16.80-$17.40 versus consensus estimates of $17.19 on income of $2.29-$2.31 billion, in step with consensus estimates of $2.3 billion.

The corporate’s working margin contracted to 33.6% from 34.9% final 12 months, primarily because of larger amortization {and professional} charges. Nonetheless, the adjusted working margin held regular at 37.6%.

FactSet repurchased 104,475 shares for $48.8 million throughout the quarter at a median value of $467 per share. As of November 30, $251.2 million remained accessible underneath its share repurchase program.

“We’re off to a great begin in fiscal 2025 and achieved stable working efficiency by way of sustained value self-discipline and execution in opposition to our progress initiatives and capital technique,” mentioned CFO Helen Shan.

This text was generated with the help of AI and reviewed by an editor. For extra data see our T&C.

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