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What FactSet's Earnings Mean For Mutual Fund Investors (FDS)

Shauna O'Brien Mar 17, 2015



Inside FDS’s Results


The company reported earnings of $61.6 million, or $1.46 per share, up from $52.4 million, or $1.22 per share, last year. Adjusted earnings increased 13.9% to $1.22 per share, below analysts’ view of $1.40 per share.

Revenue
Revenue increased 9.2% to $247.8 million. Analysts expected to see revenue of $246.68 million.

Outlook
Looking forward to the third quarter, the company expects EPS to be between $1.40 and $1.42 per share. Analysts expect to see EPS of $1.39.


CEO Stepping Down


The company’s President, Philip Snow will be the new CEO as of July 1, 2015. Snow will be elected to the Board of Directors on March 16, 2015.


Mutual Funds to Watch



The Bottom Line


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