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Another Buy List stock reported earnings today. For its fiscal first quarter, which ended in November, FactSet Research Systems (FDS) earned 58 cents a share. That’s a 24.7% increase over last year. Strangely, the stock plunged over 3% at the open, but it seems to have recovered some.

Revenues came in at $134.1 million which was just slightly ahead of the Street. The numbers for this company are very solid—operating margins at 31%. For the second quarter, FDS expects:

Revenues are expected to range between $137 million and $141 million.

Operating margins are expected to range between 30.5% and 32.5%. This operating margin guidance holds currencies constant and assumes no change in the expected outcome of performance based stock options.

The effective tax rate is expected to range between 34.0% and 35.0%.

This is a very impressive company.

Posted by edelfenbein at December 18, 2007 10:23 AM