FactSet Research Systems' (FDS) annual subscription value is poised to top the market consensus in fiscal Q2 following the acquisition of LiquidityBook, RBC Capital Markets said Monday in a report.
RBC projects Q2 ASV of $2.32 billion versus the consensus of $2.30 billion with an estimated $18 million from the LiquidityBook purchase.
"Our 2Q25 revenue estimate of $570 million is in line with consensus" with the earnings outlook of $4.07 a share trailing Wall Street's projection of $4.20, RBC said.
"Investors are concerned about potentially weaker-than-expected banking hiring and IT spending" amid macro and political uncertainties, RBC said.
Still, FactSet is expected to reiterate full-year guidance and "reinforce confidence in Q4 acceleration," the report said.
RBC has a sector perform rating on FactSet's stock with a $503 price target. Fiscal Q2 results are scheduled for March 20.
FactSet shares rose 1.7% in recent Monday trading.
Price: 448.14, Change: +7.41, Percent Change: +1.68
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。