BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology solutions, announced today that the company has again been named to the prestigious list of Fortune® “World’s Most Admired Companies™”. This ranking recognizes highly regarded and successful organizations that stand out among their peers for overall corporate reputation. One of the company’s most admired attributes is innovation, recognition of its ongoing commitment to clients to de ...

Fiserv, Inc. (FI) is scheduled to release its fourth-quarter 2023 results on Feb 6, before market open.FI’s earnings surprise history has been decent. It has surpassed the Zacks Consensus Estimate in two of the four trailing quarters and matched on the other two instances. The average surprise is 0.58%.Q4 ExpectationsThe Zacks Consensus Estimate for the top line is currently pegged at $4.69 billion, up 7.5% from the year-ago actual figure. The growth can be considered a perk of having an industry-leading di ...

Brandy Wood, vice president and head of client experience products at Carat from Fiserv, told PYMNTS that despite all the headlines and controversies swirling around artificial intelligence, the concept is nothing new.“It’s been around since the 1950s,” she said in an interview conducted as part of the “What’s Next in Payments: Payments and GenAI” series. Back then, there was initial documentation done on the mathematical feasibility of AI. What hindered its development, perhaps not surprisingly, was the li ...

Fiserv (FI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 6. On ...

Company Participants Timothy Chiodo - UBS David Koning - Baird At this time, I will turn the call over to Julie Chariell, Senior Vice President of Investor Relations at Fiserv. Our remarks today will include forward-looking statements about, among other matters, expected operating and financial results and strategic initiatives. Forward-looking statements may differ materially from actual results and are subject to a number of risks and uncertainties. You should refer to our earnings release for a discussio ...

Forward-Looking Statements October 24, 2023 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding anticipated organic revenue growth, adjusted earnings per share, adjusted earnings per share growth, free cash flow, adjusted operating margin, adjusted operating margin expansion and other statements regarding our future financial performance. Statements can generally be identified as forward-looking beca ...

Interest Expense, Net | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------|-------|----------------|-------|----------------|-------|----------------|-------|--------------| | (In millions) \nInterest expense | $ | 2023 \n(268) | $ | 2022 \n(193) | $ | 2023 \n(715) | $ | 2022 \n(542) | | Interest income | | 10 | | 3 | | 23 | | 8 | | Interest expense, net | $ | (258) | $ | (190) | $ | (692) | $ | (534) | In 2022, the FASB issued ASU No. 2022-03, Fair Value Measureme ...

2 Represents amortization of intangible assets acquired through various acquisitions, including customer relationships, software/technology and trade names. This adjustment does not exclude the amortization of other intangible assets such as contract costs (sales commissions and deferred conversion costs), capitalized and purchased software, financing costs and debt discounts. 3 Represents the company's share of amortization of acquisition-related intangible assets and expenses associated with debt refinanc ...

Company Participants Robert Hau - Chief Financial Officer Darrin Peller - Wolfe Research Jason Kupferberg - Bank of America Merrill Lynch Ashwin Shirvaikar - Citi At this time, I would like to turn the call over to Julie Chariell, Senior Vice President of Investor Relations at Fiserv. Our earnings release and supplemental materials for the quarter are available on the Investor Relations section of fiserv.com. Please refer to these materials for an explanation of the non-GAAP financial measures discussed in ...

The businesses in the Fintech segment provide financial institutions around the world with the technology solutions they need to run their operations, including products and services that enable financial institutions to process customer deposit and loan accounts and manage an institution's general ledger and central information files. As a complement to the core account processing functionality, the global Fintech segment businesses also provide digital banking, financial and risk management, professional ...