FactSet Research Systems (NYSE:FDS) Full Year 2022 Results
Key Financial Results
Revenue: US$1.84b (up 16% from FY 2021).
Net income: US$396.9m (flat on FY 2021).
Profit margin: 22% (down from 25% in FY 2021). The decrease in margin was driven by higher expenses.
EPS: US$10.48 (down from US$10.56 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
FactSet Research Systems Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Capital Markets industry in the US.
The company's shares are down 2.7% from a week ago.
Before you take the next step you should know about the 1 warning sign for FactSet Research Systems that we have uncovered.
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