CANADA – 2025/03/19: In this photo illustration, the FactSet Research Systems logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)
SOPA Images/LightRocket via Getty Images
FactSet Research Systems (NYSE:FDS) is scheduled to announce its earnings on Thursday, September 18, 2025. Revenue is anticipated to be approximately 593 million, reflecting an increase of about 5.5% compared to the previous year, according to consensus estimates, while earnings are estimated to be around $4.13 per share. FactSet’s revenue growth is fueled by the expansion of its recurring revenue base, innovation in the generative AI sector, and ongoing strong demand from wealthy and institutional clients for advanced financial data and portfolio solutions, which contributes to sustained subscription growth.
The company holds a current market capitalization of $14 billion. Revenue for the past twelve months was $2.3 billion, achieving operational profitability with $704 million in operating profits and net income amounting to $533 million. While much will hinge on how the results align with consensus and expectations, grasping historical patterns may potentially sway the odds in your favor if you are an event-driven trader.
There are two approaches to achieve this: either understand the historical odds and position yourself before the earnings announcement, or examine the correlation between immediate and medium-term returns following earnings and adjust your position accordingly after the earnings are disclosed. That being said, if you seek upside with less volatility compared to individual stocks, the Trefis High Quality portfolio offers an alternative — having outperformed the S&P 500 with returns exceeding 91% since its inception.
See earnings reaction history of all stocks
FactSet Research Systems’ Historical Odds Of Positive Post-Earnings Return
Here are some insights regarding one-day (1D) post-earnings returns:
MORE FOR YOU
- Over the last five years, there are 20 earnings data points recorded, with 10 positive and 10 negative one-day (1D) returns documented. In summary, positive 1D returns occurred around 50% of the time.
- This percentage remains unchanged at 50% when considering data for the past 3 years instead of 5.
- The median of the 10 positive returns = 3.5%, while the median of the 10 negative returns = -4.3%
Additional information regarding observed 5-Day (5D) and 21-Day (21D) returns post earnings is summarized along with the statistics in the table below.
1D, 5D, and 21D Post Earnings Return
Trefis
Correlation Between 1D, 5D, and 21D Historical Returns
A relatively lower-risk strategy (though it may not be effective if the correlation is weak) is to analyze the correlation between short-term and medium-term returns after earnings, identify the pair showing the highest correlation, and execute the appropriate trade. For instance, if 1D and 5D demonstrate the highest correlation, a trader could position themselves “long” for the next 5 days if the 1D post-earnings return is positive. Below is some correlation data based on a 5-year and a 3-year (more recent) historical analysis. Note that the correlation 1D_5D refers to the relationship between 1D post-earnings returns and subsequent 5D returns.
Correlation Between 1D, 5D and 21D Historical Returns
Trefis
Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (which includes all three, the S&P 500, S&P mid-cap, and Russell 2000), resulting in robust returns for investors. Alternatively, if you prefer upside with a smoother experience than that of an individual stock like FactSet Research Systems, consider the High Quality portfolio, which has consistently outperformed the S&P 500 and achieved returns greater than 91% since its inception.