Shares of FactSet Research (FDS) tumbled 7.15% in pre-market trading on Thursday following the release of its fourth-quarter earnings report and fiscal 2026 guidance, both of which fell short of analyst expectations in key areas.

The financial data and analytics company reported adjusted earnings per share (EPS) of $4.05 for the fourth quarter, missing the consensus estimate of $4.13. While revenues came in slightly above expectations at $596.9 million compared to the estimated $593.5 million, the earnings shortfall appears to have disappointed investors.

Adding to the negative sentiment, FactSet's outlook for fiscal 2026 came in below Wall Street projections. The company guided for adjusted EPS in the range of $16.90 to $17.60, significantly lower than the analyst consensus of $18.25. Revenue guidance for the upcoming fiscal year was set at $2.42 billion to $2.45 billion, just shy of the $2.45 billion analysts were expecting.

The combination of the earnings miss and the weaker-than-anticipated forward guidance seems to have sparked concerns about FactSet's growth trajectory and profitability in the coming year. As investors reassess their expectations for the company, the stock's pre-market decline reflects a swift adjustment to these new projections.