BCAN - Dow Jumps 150 Points; FactSet Shares Rise After Q1 Results | Benzinga
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 150 points on Tuesday.
The Dow traded up 0.46% to 37,476.21 while the NASDAQ rose 0.41% to 14,966.74. The S&P 500 also rose, gaining, 0.38% to 4,758.55.
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Leading and Lagging Sectors
Materials shares rose by 1% on Tuesday.
In trading on Tuesday, information technology shares fell by 0.1%.
Top Headline
Shares of FactSet Research Systems Inc (NYSE: FDS) gained on Tuesday after the company reported earnings results for its first quarter.
FactSet Research reported quarterly sales growth of 7.4% Y/Y to $542.2 million, marginally beating the consensus of $540.36 million. Adjusted EPS of $4.12 beat the consensus of $4.11.
FactSet lowered FY24 revenue outlook to $2.20 billion-$2.21 billion (from $2.21 billion-$2.23 billion) vs. $2.22 billion estimate and adj. EPS to $15.60-$16.00 (from $15.65-$16.15) vs. consensus of $16.08.
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