NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — FactSet Research Systems Inc. (FDS) on Tuesday reported fiscal first-quarter earnings of $148.6 million.
On a per-share basis, the Norwalk, Connecticut-based company said it had net income of $3.84. Earnings, adjusted for one-time gains and costs, came to $4.12 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.10 per share.
The financial data firm posted revenue of $542.2 million in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $541.4 million.
FactSet expects full-year earnings in the range of $15.60 to $16 per share, with revenue in the range of $2.2 billion to $2.21 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FDS at https://www.zacks.com/ap/FDS