FactSet Research Systems Inc. issued its expectations for fiscal year 2019.
FactSet expects its diluted EPS to be between $8.70 and $8.90 and adjusted diluted EPS to range between $9.45 and $9.65. It also expects organic annual subscription value, plus professional services, to increase to between $75 million and $90 million over fiscal year 2018 and its GAAP revenue to be between $1.41 billion and $1.45 billion.
The company expects its GAAP operating margin to be between 29% and 30% and its adjusted operating margin to be in the range of 31.5% and 32.5%.
For the three months ended Aug. 31, the company recorded a net income of $68.8 million, or $1.77 per share, versus $59.6 million, or $1.52 per share, in the year-ago period. The company recorded an adjusted net income of $85.5 million, or $2.20 per share, versus $74.7 million, or $1.90 per share, in the year-ago period.