FactSet Research Systems (FDS) Stock: Why It Fell 8.29% Today

By Amit Chowdhry ● Sep 22, 2022
  • The stock price of FactSet Research Systems (FDS) fell by 8.29% today. This is why.

The stock price of FactSet Research Systems (FDS) fell by 8.29% today. 

Why: Q4 Results and broader market selloff

Results: FactSet reported a Q4 EPS of $3.13, which was $0.08 lower than analyst estimates of $3.21. And the revenue for the quarter was $499.3 million compared to the consensus estimate of $487.34 million.

Guidance: Going forward, FactSet estimates FY2023 EPS of $14.50-$14.90.