FactSet Research (NYSE:FDS) is about to release earnings. Ponder this Bear Case Scenario:
FactSet has come far and long in offering a compelling analytical product range. They now face well capitalized and entrenched competitors who will fight tooth and nail. It will not be as easy anymore.
FactSet may encounter some pricing issues as customers are faced with significant bills and cost control measures.
Foreign exchange will affect earnings as approximately 50% of their labour pool is outside the United States. So as goes USD so goes FactSet EPS. no further analysis required.
George Gutowski writes from a caveat emptor perspective.