Will FactSet Research Systems (FDS) Stock Be Helped By This Earnings Beat?

NEW YORK (TheStreet) -- FactSet Research Systems (FDS) reported one of its best fourth quarter showings on Tuesday, earnings $1.31 per diluted share, in line with analysts estimates, on revenue of $238.7 million which was ahead of analysts $237.5 million estimates.

The financial data firm also reported current quarter revenue guidance to be between $240 million to $243 million. Analysts are expecting revenue of $240.3 million.

Despite the positive earnings results, Factsheet shares are down 0.8% to $125.12 in trading today.

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TheStreet Ratings team rates FACTSET RESEARCH SYSTEMS INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate FACTSET RESEARCH SYSTEMS INC (FDS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

FDS Chart FDS data by YCharts

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