FactSet Affirms FY20 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the first quarter and fiscal 2020 on Thursday, FactSet Research Systems Inc. (FDS) affirmed its earnings and revenue outlook for the full-year 2020.

For fiscal 2020, the company continues to project earnings in a range of $8.70 to $9.00 per share and adjusted earnings in a range of $9.85 to $10.15 per share on revenue between $1.49 billion and $1.50 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $10.02 per share on revenues of $1.50 billion for the year. Analysts' estimates typically exclude special items.

"Our three-year investment plan includes targeted actions to fuel top line growth across all our businesses. We remain sound and consistent stewards of capital, returning a high level of value to shareholders," said Helen Shan, FactSet CFO.