Trading-Stocks.de

Technology | Information Technology Services | USA

Fidelity National (FIS) Tops Q1 Earnings & Revenue Estimates

Fidelity National Information Services’ FIS first-quarter 2019 adjusted earnings per share from continuing operations came in at $1.64, surpassing the Zacks Consensus Estimate of $1.57. Also, the bottom line improved 9.3% from the year-ago quarter figure of $1.50.

...

On a GAAP basis, the company reported net earnings attributable to common stockholders of $148 million or 45 cents in the quarter compared with $182 million or 54 cents in the prior-year quarter. In first-quarter 2018, the company’s results were impacted by dissolution of the Brazilian joint venture.

...

https://finance.yahoo.com/news/fidelity-...12580.html

Fidelity National (FIS) Q2 Earnings as Expected, Costs Down

Fidelity National Information Services’ FIS second-quarter 2019 adjusted earnings per share from continuing operations came in at $1.78, in line with the Zacks Consensus Estimate. Notably, the bottom line compares favorably the year-ago quarter figure of $1.23.

Organic revenue growth, lower expenses and expanding margin were the key tailwinds. However, huge outstanding debt posed a headwind. Also, poor performance of Global Financial Solutions segment was a key concern.

On a GAAP basis, the company reported net earnings attributable to common stockholders of $154 million or 47 cents in the quarter compared with $212 million or 64 cents in the prior-year quarter.

Organic Revenues Increase, Expenses Down

GAAP revenues for the quarter came in at $2.11 billion, up slightly year over year. The figure is in line with the consensus estimate.


...

https://finance.yahoo.com/news/fidelity-...12652.html

Fidelity National Information Services (FIS) Q1 Earnings Beat Estimates

Fidelity National Information Services (FIS) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 0.79%. A quarter ago, it was expected that this banking and payment technologies company would post earnings of $1.54 per share when it actually produced earnings of $1.57, delivering a surprise of 1.95%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Fidelity National, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $3.08 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 0.05%. This compares to year-ago revenues of $2.06 billion.


...

https://finance.yahoo.com/news/fidelity-...12756.html