Fiserv (FI) reported $4.9 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 5.7%. EPS of $2.51 for the same period compares to $2.19 a year ago.The reported revenue represents a surprise of -1.08% over the Zacks Consensus Estimate of $4.96 billion. With the consensus EPS estimate being $2.48, the EPS surprise was +1.21%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

Exhibit 99.1 News Release GAAP revenue growth of 7% both in the quarter and for the full year; GAAP EPS increased 13% in the quarter and 8% for the full year; Operating cash flow was $6.63 billion for the full year; Organic revenue growth of 13% in the quarter and 16% for the full year; Adjusted EPS increased 15% in the quarter and 17% for the full year; Free cash flow was $5.23 billion for the full year; Company expects 2025 organic revenue growth of 10% to 12% and adjusted EPS of $10.10 to $10.30, or grow ...

Fiserv, Inc. (FI) is scheduled to release its fourth-quarter 2024 results on Feb. 5, 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 3.1%.Fiserv, Inc. Price, Consensus and EPS Surprise Fiserv’s Q4 ExpectationsThe Zacks Consensus Estimate for the top line is pegged at $5 billion, suggesting a 7.5% increase from the year-ago quarte ...

Growth Investing and Fiserv's Position - Growth investors focus on stocks with above-average financial growth, which can deliver solid returns but carry higher risk and volatility [1] - Fiserv (FI) is recommended by the Zacks Growth Style Score system, carrying a favorable Growth Score and a top Zacks Rank [2] - Stocks with strong growth features, such as a Growth Score of A or B and a Zacks Rank 1 or 2, consistently outperform the market [3] Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth indicating strong prospects [4] - Fiserv's historical EPS growth rate is 18.8%, and its projected EPS growth for this year is 16.5%, surpassing the industry average of 16.3% [5] Cash Flow Growth - Higher-than-average cash flow growth is crucial for growth-oriented companies, enabling business expansion without relying on external funding [6] - Fiserv's year-over-year cash flow growth is 5.1%, exceeding the industry average of 4.3% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 33.5%, significantly higher than the industry average of 12.7% [7] Earnings Estimate Revisions - Positive trends in earnings estimate revisions are strongly correlated with near-term stock price movements [8] - Fiserv has seen upward revisions in current-year earnings estimates, with the Zacks Consensus Estimate increasing by 0.2% over the past month [9] Conclusion - Fiserv has earned a Growth Score of B and a Zacks Rank 2 due to its strong earnings estimate revisions and growth metrics [11] - This combination positions Fiserv well for outperformance, making it an attractive option for growth investors [11]

Fiserv has appointed Michael P. Lyons, former president of PNC Financial Services Group, as its president and CEO-elect, effective Monday (Jan. 27).Lyons will become CEO and a member of its board of directors when Fiserv Chairman and CEO Frank Bisignano leaves those roles on June 30 or when he is confirmed by the U.S. Senate as the commissioner of the Social Security Administration, Fiserv said in a Thursday (Jan. 23) press release.Until then, Lyons will report to Bisignano, according to the release.“The Bo ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the ...

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.This financial services technology company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarter ...

TORONTO, Dec. 23, 2024 /PRNewswire/ - Payfare Inc. ("Payfare" or the "Company") (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access ("EWA") company powering instant access to earnings and digital banking solutions for workforces, is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with 1517452 B.C. Ltd. the "Purchaser"), an affiliate of Fiserv, Inc. (NYSE: FI) "Fiserv") a leading global provider of payments and financial services ...

The Financial Transaction Services industry is poised to benefit from rising consumer spending and robust e-commerce expansion, supported by greater Internet access and smartphone adoption. The global shift toward digital payments, including innovations like cryptocurrency, biometric authentication and buy now, pay later (BNPL) options, diversifies revenue streams and enhances customer convenience. Growth in cross-border transactions acts as a tailwind. Lower interest rates also support strategic merger and ...

Fiserv, Inc. (FI) stock has had an impressive run in the year-to-date period. Shares of the company have gained 54.2% compared with 23.5% growth of the industry it belongs to and the 30.3% rise in the Zacks S&P 500 Composite.YTD Price Performance Image Source: Zacks Investment Research The company’s revenues are anticipated to increase 6.3% and 8.8% year over year in 2024 and 2025, respectively. Earnings are estimated to rise 16.6% in 2024 and 16.3% in 2025. The company has an estimated long-term (three to ...