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FDS
Benzinga
56 days

These Analysts Raise Their Forecasts On FactSet Research Systems Q3 Results

1. FDS quarterly sales beat expectations at $585.52 million. 2. Adjusted EPS of $4.27 missed the consensus of $4.29. 3. CEO Phil Snow highlighted a strong strategy and pipeline. 4. Revenue and EPS outlooks were reiterated above consensus despite mixed results. 5. Analysts issued Underweight ratings with slight target price increases.

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FAQ

Why Neutral?

Sales surpassed expectations while EPS fell slightly short. Historically, mixed results can lead to consolidation in stock prices.

How important is it?

Significant performances influence short-term market sentiment, with varied analyst outlooks adding nuance to investor confidence.

Why Short Term?

Recent results will likely affect FDS price reactions in the upcoming trading sessions. Contextual performance around quarterly earnings can frequently impact stock performance.

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