Exhibit 99.1 1 News Release For more information contact: Media Relations: Sophia Marshall Head of Communications Fiserv, Inc. 470-351-9908 sophia.marshall@fiserv.com Investor Relations: Julie Chariell Head of Investor Relations Fiserv, Inc. 212-515-0278 julie.chariell@fiserv.com For Immediate Release | --- | --- | |----------------------------------------------------------------------------------------------|-------| | | | | Fiserv Reports Third Quarter 2024 Results | | | GAAP revenue growth of 7% both in ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

Fiserv, Inc. (FI) is scheduled to release its third-quarter 2024 results on Oct. 22, before market open. See Zacks Earnings Calendar to stay ahead of market-making news. FI's earnings surprise history has been decent. It has outpaced the Zacks Consensus Estimate in the trailing quarters, the average surprise being 2.8%. Fiserv's Q3 Expectations The Zacks Consensus Estimate for the top line is pegged at $4.9 billion, suggesting a 6.4% increase from the year-ago quarter's actual. The top line is believed to h ...

In its upcoming report, Fiserv (FI) is predicted by Wall Street analysts to post quarterly earnings of $2.25 per share, reflecting an increase of 14.8% compared to the same period last year. Revenues are forecasted to be $4.91 billion, representing a year-over-year increase of 6.4%. The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during t ...

The market expects Fiserv (FI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 22, 2024, might help the stock move higher if these key numbers are b ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Fiserv (FI) . This company, which is in the Zacks Financial Transaction Services industry, shows potential for another earnings beat. When looking at the last two reports, this financial services technology company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 4.06%, on aver ...

Fiserv disclosed Wednesday (Sept. 25) that it expects its merchant acquiring joint venture with Wells Fargo to expire April 1, 2025. The joint venture, Wells Fargo Merchant Services (WFMS), is owned 40% by a Fiserv wholly owned subsidiary and 60% by Wells Fargo Bank, National Association, Fiserv said in a filing with the Securities and Exchange Commission. Fiserv acquired its stake in WFMS through its 2019 merger with First Data Corp., according to the filing. The company expects to record a non-cash impair ...

The Financial Transaction Services industry is poised to benefit from the widespread adoption of digital payment methods. Industry players are positioned to capitalize on this trend through robust digital solutions devised by strategic collaborations and technology investments. Favorable consumer spending patterns are expected to increase transaction volumes. Additionally, the rise in cross-border transactions, fueled by a growing international workforce and expanding global trade, contributes positively. E ...

Fiserv, Inc. (FI) had an impressive run in the past year. The company's shares have risen 16.9% compared with its industry and the Zacks S&P 500 composite's growth of 7.3% and 2.9%, respectively. Three-Months Price Performance Image Source: Zacks Investment Research FI's revenues are expected to increase 6.3% year over year in 2024 and 9.1% in 2025. Its earnings are estimated to grow 16.2% in 2024 and 15.7% in 2025. Fiserv's Positive Earnings Surprise FI has delivered a decent earnings surprise in the trail ...

Fiserv clients will be able to more easily enable PayPal, Venmo and related services, and accelerate guest checkout flows in the U.S. via a simple connection point to Fastlane by PayPal. These enhancements are enabled by an expansion of the global strategic partnership of Fiserv and PayPal, the companies said in a Thursday (Aug. 29) press release emailed to PYMNTS. "Our expanded partnership with PayPal supports our mission to enhance client value by providing simple, cutting-edge solutions to our clients th ...