FactSet Reports Q2 Beat, Raises 2022 Guidance
<p><a href='https://financialmodelingprep.com/financial-summary/FDS'>FactSet Research Systems Inc. (NYSE:FDS) </a>reported its Q2 results, with EPS of $3.27 coming in better than the consensus estimate of $2.97. Revenue came in at $431.1 million, beating the consensus estimate of $426.38 million, driven by higher sales of research and advisory and analytics solutions. Organic revenue growth accelerated from 9.1% year-over-year last quarter to 9.9%.</p>
<p>The company raised its guidance for the full 2022-year, now expecting EPS to range from $12.75 to $13.15, above the consensus estimate of $12.55. Revenue is expected to be in the range of $1.8-$1.83 billion, compared to the consensus estimate of $1.74.</p>
<p>The company has suspended its buyback until fiscal H2/23 to prioritize the repayment of debt.</p>

NYSE:FDS