2 Tech Stock Winners and 1 Loser After Earnings Are Digested
FactSet Research Systems Inc. (NYSE:FDS) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 11.76% to $1.14 in the quarter versus EPS of $1.02 in the year-earlier quarter. Revenue Rose 6.89% to $213.1 million from the year-earlier quarter.
FactSet Research Systems Inc. reported adjusted EPS income of $1.14 per share. By that measure, the company beat the mean analyst estimate of $1.11. It missed the average revenue estimate of $213.31 million.