AI English summary of an SEC filing — figures as filed
As of June 21, 2024, FactSet said its outlook for fiscal FY2024 calls for Organic ASV + Professional Services growth of $85 to $120 million (~4.0% to ~5.5%) and revenue of $2,180 to $2,190 million. Its prior outlook, as of March 21, was $110 to $150 million for growth and $2,200 to $2,210 million for revenue.
Key points
AI summaryAs of June 21, 2024, FactSet said its outlook for fiscal FY2024 calls for Organic ASV + Professional Services growth of $85 to $120 million (~4.0% to ~5.5%) and revenue of $2,180 to $2,190 million. Its prior outlook, as of March 21, was $110 to $150 million for growth and $2,200 to $2,210 million for revenue.
FactSet said its outlook as of June 21, 2024 for fiscal FY2024 calls for an Adjusted Operating Margin of 37.0% to 37.5% and Adjusted Diluted EPS of $16.00 to $16.40. Its prior outlook, as of March 21, was 36.3% to 36.7% for margin and $15.60 to $16.00 for Adjusted Diluted EPS.
The company said its FY2024 results for Q3 (as of May 31, 2024) showed ASV of $2.2B, FY24 ASV organic growth of 5.0%, an Adjusted Operating Margin of 39.4%, and Diluted Adjusted EPS of $4.373.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.
FY2024 Full-Year Outlook Revision (as of June 21, 2024)
As of June 21, 2024, FactSet said its outlook for fiscal FY2024 calls for Organic ASV + Professional Services growth of $85 to $120 million (~4.0% to ~5.5%) and revenue of $2,180 to $2,190 million. Its prior outlook, as of March 21, was $110 to $150 million for growth and $2,200 to $2,210 million for revenue.
Source · Based on the filing body and exhibits
FY2024 Adjusted Operating Margin and Adjusted Diluted EPS Outlook
FactSet said its outlook as of June 21, 2024 for fiscal FY2024 calls for an Adjusted Operating Margin of 37.0% to 37.5% and Adjusted Diluted EPS of $16.00 to $16.40. Its prior outlook, as of March 21, was 36.3% to 36.7% for margin and $15.60 to $16.00 for Adjusted Diluted EPS.
Source · Based on the filing body and exhibits
FY2024 Key Metrics for Q3 (May 31, 2024)
The company said its FY2024 results for Q3 (as of May 31, 2024) showed ASV of $2.2B, FY24 ASV organic growth of 5.0%, an Adjusted Operating Margin of 39.4%, and Diluted Adjusted EPS of $4.373.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…