FactSet Research Systems Inc.
) is set to report fiscal second-quarter 2014 results on Mar 18,
2014. Last quarter, it posted a negative earnings surprise of
1.61%. Let us see how things are shaping up for this
Factors this Past Quarter
FactSet is one of the leading providers of online integrated
data-related products and services for the investment community
(primarily bankers, investment managers and brokerage firms).
FactSet continues to launch products and applications across its
segments with special emphasis on financial services.
Moreover, the company has a high client retention ratio of 92%
which remains a positive catalyst. Improvements in the financial
sector will positively impact the company, going forward.
Additionally, the fresh buyback program will support its earnings
per share in the long run and ensure shareholders' loyalty.
Nonetheless, competition from Bloomberg L.P., Dow Jones &
) and Thomson Reuters, which are coming up with substitute
products at competitive prices, is a headwind for the
Our proven model does not conclusively show that FactSet
Research Systems is likely to beat earnings estimates this
quarter. This is because a stock needs to have both a positive
and a Zacks Rank #1, 2 or 3 for this to happen. This is not the
case here as you will see below.
Both the Most Accurate estimate and the Zacks Consensus Estimate
currently stand at $1.22. Thus, the ESP is 0.00%.
FactSet Research Systems has a Zacks Rank #2 (Buy) which when
combined with a 0.00% ESP makes surprise prediction
We caution against stocks with Zacks Ranks #4 and 5
(Sell-rated stocks) going into the earnings announcement,
especially when the company is seeing a negative estimate
Stocks to Consider
Here are some companies you may want to consider as our model
shows that they have the right combination of elements to post an
earnings beat in the imminent future:
) with Earnings ESP of +21.43% and a Zacks Rank #3 (Hold)
) with Earnings ESP of +1.49% and a Zacks Rank #3.
CLARCOR INC (CLC): Free Stock Analysis Report
FACTSET RESH (FDS): Free Stock Analysis
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ORACLE CORP (ORCL): Free Stock Analysis
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