Revenue Update on FactSet Research Systems(NYSE:FDS)

FactSet Research Systems(NYSE:FDS) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Jun 28, 2016. Company reported revenue of $287.50M. Analysts estimated a revenue of $287.66M. Earnings per share were $1.64. Analysts had estimated an EPS of $1.61.

In a different note, On Apr 1, 2016, BTIG Research said it Terminates its rating on FactSet Research Systems.

FactSet Research Systems (FDS) shares turned negative on Fridays trading session with the shares closing down -0.24 points or -0.15% at a volume of 3,22,737. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $162.71. The peak price level was also seen at $162.71 while the days lowest was $159.76. Finally the shares closed at $161.18. The 52-week high of the shares is $177.28 while the 52-week low is $135.95. According to the latest information available, the market cap of the company is $6,589 M.

Several Insider Transactions has been reported to the SEC. On Apr 15, 2016, Rachel Rebecca Stern (Senior Vice President) sold 4,583 shares at $153.37 per share price.Also, On Apr 14, 2016, Mark J. Hale (Chief Operating Officer) sold 1,823 shares at $150.05 per share price.On Apr 14, 2016, Joseph E Jr Laird (director) sold 2,500 shares at $151.83 per share price, according to the Form-4 filing with the securities and exchange commission.

FactSet Research Systems Inc. (FactSet) is a provider of integrated financial information and analytical applications to the global investment community. The Company operates through three segments based on geographic business activities: the U.S. Europe and Asia Pacific. Sales consulting data collection product development and software engineering are the primary functional groups within the U.S. Europe and Asia Pacific segments that provide global financial and economic information to investment managers investment banks and other financial services professionals. The U.S. segment services finance professionals including financial institutions throughout the Americas while the European and Asia Pacific segments service investment professionals located throughout Europe and the Asia Pacific region respectively. FactSet combines content regarding companies and securities from markets all over the globe into a single online platform of information and analytics.

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