Pre-earnings brief
Reports
Thu, Dec 17, 2026
Est. EPS
—
Est. revenue
—
Implied move
±15.6%
EPS beat rate
75%
FactSet Research Systems Inc. (FDS) provides financial data and analytics to investment professionals. As a key player in the financial sector, it helps clients make informed decisions by offering insights into market trends and investment opportunities.
Last quarter
In the last quarter, FactSet reported an EPS of $4.52, exceeding expectations by 4.75%. The stock reacted positively, gaining 3.84% the following day.
EPS beat streak
4Q
EPS beat rate
75%
Avg EPS surprise
+1.80%
Avg 1-day reaction
+0.49%
Overall, investors are cautiously optimistic about FactSet's upcoming earnings report, given its strong track record of beating EPS estimates.
Bull case
If FactSet continues its trend of EPS surprises, it could signal robust demand for its services, leading to a significant stock price increase.
Bear case
Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a sharp decline in stock price.
The print will turn on these.
Q1
What will the EPS be for Q1-2027?
Given FactSet's history of beating EPS estimates, this number will be crucial for investor confidence.
Q2
What is the outlook for client retention rates?
High retention rates are essential for sustaining revenue growth, and any decline could raise concerns.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±19.9%
Why consensus could be wrong
The Street may underestimate FactSet's ability to maintain high client retention rates, which are crucial for future growth.
Supporting evidence
FactSet has consistently beaten EPS estimates, indicating strong operational performance.
The options market is pricing a significant move, suggesting traders expect volatility that may not align with consensus expectations.
Key risk
If client retention rates show a significant decline, it could undermine the growth narrative.
Pre-commit to what would confirm each case.
This quarter's performance is pivotal as it will reflect the company's ability to maintain its growth trajectory amidst market challenges.
Bull confirmed if
An EPS of $4.60 or higher would confirm strong demand and profitability.
Bear confirmed if
An EPS below $4.40 could indicate potential issues in client retention or revenue growth.
What the market is pricing for the move.
Implied Move
±15.72%
Historical Avg
±5.4%
The options market is pricing in a significant potential move, suggesting that traders expect volatility around the earnings report.
Options are pricing ±15.6% while FDS has averaged ±5.4% over the last 8 prints — setup is pricing rich.
ATM IV
0.4%
30d HV
47.9%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If FactSet beats expectations, history suggests the stock could rise by around 1.8%, confirming strong demand.
In line / cautious
If results are in line with expectations, the stock may see muted movement as investors await further guidance.
Miss
Should the company miss expectations, the stock could drop by approximately 3.5%, reflecting investor disappointment.
House and Senate STOCK Act disclosures over the trailing 6 months.
Trades
1
0 buys·1 sell
Members
1
House only
Est. Notional
$1,001.00–$15,000.00
disclosed dollar ranges
Most Active Members
1 trade
The lines on the call that would change the story.
Net selling
Recent Transactions
Traded May 15, 2026 · disclosed Jun 8, 2026
$1,001.00–$15,000.00
Filed 30–45+ days after the trade. Treat as positional context, not a leading indicator. Amounts are SEC-mandated dollar ranges, not exact values.