On May 30, FactSet Research Systems rose 5.03% in regular trading, trading at $250.79/share, with trading volume of $66.97 million.

On the news front, RBC Capital Markets issued a research report indicating that FactSet Research Systems is expected to report third-quarter Annual Subscription Value (ASV) growth exceeding market expectations, primarily driven by international price increases, robust demand, and sustained pipeline growth across all regions.

According to the report, analysts project Q3 ASV growth of approximately 6.2% year-over-year to $2.48 billion, above the consensus estimate of approximately 5.7%. Revenue is expected to grow approximately 5.9% year-over-year to $620 million, also surpassing the consensus estimate of $617 million. Additionally, the company is anticipated to raise the midpoint of its full-year ASV growth guidance, further reinforcing investor confidence in the subscription-based business model's momentum.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)