FactSet’s Upcoming Earnings: Analysts Anticipate Minor Decline in Q2 Profit
On the brink of a significant announcement, FactSet Research Systems, Inc. (FDS) is gearing up to release its fiscal Q2 2025 earnings report.
Based in Norwalk, Connecticut, FDS is valued at a market cap of $17.7 billion. The company specializes in financial technology and enterprise solutions for the investment sector, offering an array of services such as workstations, portfolio analytics, enterprise data, and managed solutions for data handling and reporting. With subscription-based financial data and market intelligence, FDS delivers customizable platforms and cloud-based tools that cater to a variety of clients.
Analysts project that FDS will report a profit of $4.20 per share for the upcoming quarter, slightly down from $4.22 per share during the same time last year. It’s worth noting that FactSet has a strong track record, having exceeded Wall Street’s earnings per share (EPS) estimates in its most recent four quarters.
For the fiscal year 2025, forecasts suggest that FDS will achieve an EPS of $17.21, representing a 4.6% increase from the previous year’s EPS of $16.45. Furthermore, analysts expect the EPS to climb 8.5% year-over-year to reach $18.68 in fiscal 2026.
Over the past 52 weeks, FDS stock has lagged behind the S&P 500 index ($SPX), which has seen gains of 22.6%. During this period, shares of FactSet have decreased by 1.7%. In addition, the stock has underperformed compared to the Financial Select Sector SPDR Fund (XLF), which recorded a 32.3% increase in the same timeframe.
On December 19, FDS shares rose over 3% following the announcement of higher quarterly profits. The increase was attributed to a 4.9% rise in annual subscription value (ASV) to $2.27 billion, indicative of robust demand for its services. The company reported Q1 adjusted earnings of $4.37 per share and revenue amounting to $568.7 million, both figures exceeding expectations. Investor confidence was bolstered by a promising outlook concerning strong sales and innovative products.
Currently, analysts hold a cautious stance on FDS stock, with a consensus “Hold” rating. Out of 18 analysts surveilled, one recommends a “Strong Buy,” eleven maintain a “Hold,” and six suggest a “Strong Sell.”
As of this writing, FDS shares are trading below the average analyst price target of $473.36.
On the date of publication,
Sohini Mondal
did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy
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