NORWALK, Conn. (AP) — NORWALK, Conn. (AP) — FactSet Research Systems Inc. (FDS) on Tuesday reported fiscal second-quarter net income of $133.1 million.
The Norwalk, Connecticut-based company said it had net income of $3.59 per share. Earnings, adjusted for one-time gains and costs, were $4.46 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.37 per share.
The financial data firm posted revenue of $611 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $605 million.
FactSet expects full-year earnings in the range of $17.25 to $17.75 per share, with revenue in the range of $2.45 billion to $2.47 billion.
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