NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — FactSet Research Systems Inc. (FDS) on Thursday reported fiscal fourth-quarter earnings of $65.1 million.
On a per-share basis, the Norwalk, Connecticut-based company said it had profit of $1.68. Earnings, adjusted for one-time gains and costs, were $2.93 per share.
The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.49 per share.
The financial data firm posted revenue of $535.8 million in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $534.9 million.
For the year, the company reported profit of $468.1 million, or $12.03 per share. Revenue was reported as $2.09 billion.
FactSet expects full-year earnings in the range of $15.65 to $16.15 per share, with revenue in the range of $2.21 billion to $2.23 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