FactSet Research Systems<\/b> is continuing on a clear growth runway with Q4 2024 earnings revealed with strong performance highlights. Despite underperforming the financial sector recently, and an analyst turning bearish, the company's 11% CAGR still outpaced its five-year earning growth. FactSet also displayed resilience in the market and reported its Q4 2024 results. Despite a decline in Q1, Zacks Research forecasts Q1 2025 earnings of $4.29 per share and William Blair forecasts FY2026 earnings of $18.67 per share. FactSet added 188 new clients and increased margin in Q4 and is noted as a top-ranked growth stock. Recently, CapIntel paired with FactSet to boost advisor success and the company's Q4 profit saw increases and beat estimates. However, there have been various investments and sales changes within the company such as FCF Advisors investing $1.75 million, and Fiera Capital Corp and Earnest Partners LLC lowered their stock positions. Additionally, FactSet introduced its Carbon Diagnostics powered by Emmi and had a buy rating upgrade. Despite a competitive atmosphere and AI challenges ahead, FactSet is expected to report even higher Q4 earnings.
Factset Research Systems FDS News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Fri, 11 Oct 2024 10:38:12 GMT -
Rating 6
- Innovation 4
- Information 6
- Rumor 4
