Factset Research Systems Inc. Q3 Profit Increases, Beats Estimates

(RTTNews) - Factset Research Systems Inc. (FDS) reported a profit for its third quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $158.135 million, or $4.09 per share. This compares with $134.663 million, or $3.46 per share, in last year's third quarter.

Excluding items, Factset Research Systems Inc. reported adjusted earnings of $168.796 million or $4.37 per share for the period.

Analysts on average had expected the company to earn $3.9 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.3% to $552.708 million from $529.811 million last year.

Factset Research Systems Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $158.135 Mln. vs. $134.663 Mln. last year. -EPS (Q3): $4.09 vs. $3.46 last year. -Revenue (Q3): $552.708 Mln vs. $529.811 Mln last year.

-Guidance: Full year EPS guidance: $16 to $16.40 Full year revenue guidance: $2.180 to $2.190 Bln