RTTNews | Dec 21, 2021 07:28AM EST

07:28 Tuesday, December 21, 2021 (RTTNews.com) - Factset Research Systems Inc. (FDS) reported earnings for its first quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $107.65 million, or $2.79 per share. This compares with $101.21 million, or $2.62 per share, in last year's first quarter.

Excluding items, Factset Research Systems Inc. reported adjusted earnings of $125.34 million or $3.25 per share for the period.

Analysts on average had expected the company to earn $2.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.4% to $424.7 million from $388.2 million last year.

Factset Research Systems Inc. earnings at a glance:

-Earnings (Q1): $107.65 Mln. vs. $101.21 Mln. last year.-EPS (Q1): $2.79 vs. $2.62 last year.-Analyst Estimate: $2.99-Revenue (Q1): $424.7 Mln vs. $388.2 Mln last year.

-Guidance:Full year EPS guidance: $12.00 - $12.30Full year revenue guidance: $1.71 - $1.72 Bln

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