Analysts at RBC Capital provided their outlook on FactSet Research Systems Inc. (NYSE:FDS) ahead of the upcoming Q1 results, expecting ASV (Annual Subscription Value) of $2.017 billion (up 18.7% year-over-year), revenues of $511 million (up 20.2% year-over-year), and EPS of $3.60, slightly above the Street estimates of $2.016 billion, $510 million, and $3.59, respectively.
According to the analysts, heightened market volatility should continue to drive demand for Analytics solutions and blueprinting positions the company well, given the technology transformation and vendor consolidation backdrop.
The analysts see cloud distribution/APIs and flexible delivery driving accelerated CTS growth. In addition, strong pricing increases in Q2/Q3 for Americas/ International bodes well, while research headcount headwinds are manageable.