FactSet Research Systems Inc. will report its third-quarter earnings before the opening bell on Wednesday, July 1. Analysts expect quarterly earnings of $4.45 per share, up from $4.27 per share in the year-ago period, with a consensus revenue estimate of $617.59 million compared to $585.52 million last year. RBC Capital analyst Ashish Sabadra maintained a Sector Perform rating and lowered the price target from $243 to $240 on May 27. The company currently offers an annual dividend yield of 2.00%, with a quarterly dividend of $1.16 per share, or $4.64 annually. To earn $500 per month in dividends, an investor would need approximately $299,640 invested, or about 1,293 shares, while a more modest $100 per month would require $60,021, or around 259 shares.
FactSet Research Systems IncArticle discusses upcoming Q3 earnings expectations and analyst rating/price target change, but no actual results or material news yet.