FDS

Sector Update: Technology

Technology shares are mixed in pre-bell trading.

Among technology stocks news today, FactSet ( FDS ) is down 1% as it reports Q4 adjusted EPS of $1.20, up 11% and below the analyst consensus of $1.30 per share on Capital IQ. The analyst consensus on Thomson Reuters pegged earnings at $1.21 per share. Revenue was $219.3 million, in line with the Street view.

For Q1, the company guides for revenue of $222-$225 million and GAAP EPS of $1.21-$1.24. The analyst view on Cap IQ calls for $224.5 million in revenue and GAAP earnings of $1.22 per share.

And Sohu.com Inc ( SOHU ) shares are up 3% in pre-market at a new 52-week high, continuing yesterday's rally after Tencent Holdings agreed to invest $448 million in the Chinese company's internet search engine unit, Sogou.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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