FactSet Research Systems Inc. issued outlook for the fiscal year 2020 and results for the fourth quarter ended Aug. 31 and fiscal year 2019.
For fiscal 2020, the company expects GAAP EPS to be between $8.70 and $9.00 and adjusted EPS of $9.85 to $10.15. GAAP revenue is expected to be between $1.49 billion and $1.50 billion.
The S&P Global Market Intelligence consensus normalized EPS estimate for fiscal year 2020 is $9.89.
For the three months ended Aug. 31, the company reported net income of $91.5 million, or $2.34 per share, versus $68.8 million, or $1.77 per share, in the prior-year period. Adjusted net income was $101.9 million, or $2.61 per share, versus $85.5 million, or $2.20 per share, in the year-ago period.
The S&P Global Market Intelligence consensus normalized EPS estimate for the quarter was $2.46.
For the fiscal year 2019, FactSet reported net income of $352.8 million, or $9.08 per share, versus $267.1 million, or $6.78 per share, a year ago. Adjusted net income came in at $388.9 million, or $10.00 per share, versus $335.8 million, or $8.53 per share, in the year-ago period.
The S&P Global Market Intelligence consensus normalized EPS estimate for fiscal year 2019 was $9.80.
