Several analysts raised the price target on Fiserv, Inc. FI following fourth-quarter 2024 results reported on Wednesday.The company reported revenue of $5.25 billion, beating the analyst consensus estimate of $4.96 billion, and adjusted EPS of $2.51, beating the analyst consensus estimate of $2.48. Fiserv expects FY25 organic revenue growth of 10%-12% and adjusted EPS outlook of $10.10-$10.30, representing growth of 15%-17% Y/Y vs. the $10.20 consensus.Stephens analyst Charles Nabhan raised the price foreca ...

Shares of Fiserv (NYSE: FI ) have been a very strong performer over the past year, gaining over 55%, and after delivering solid Q4 results, the stock added 7% to hit a new high. Fiserv has now recovered losses seenOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disclosure: I ...

February 5, 2025 Forward-Looking Statements and Non-GAAP Financial Measures Fourth Quarter 2024 Financial Results Forward-Looking Statements 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 expansion, and other statements regarding our future financial perf ...

Shares of Fiserv jumped more than 7% on Wednesday to a record after the payments company reported better-than-expected fourth-quarter earnings and issued guidance that also topped estimates. The stock closed at $229.53, exceeding its previous high reached in November, and is now up about 60% in the past year. Fiserv, which went public in 1986, provides digital payments technology to small businesses and financial institutions. Fiserv reported adjusted earnings of $2.51 in the quarter, exceeding the average ...

In the final three months of the year, Fiserv’s revenue growth continued to be underpinned by its merchant and financial solutions segments — and an embrace by enterprises of Clover, its POS hardware and software flagship offering.Commerce Hub, the company’s payments acceptance platform, has seen significant growth, management said on its Wednesday (Feb. 5) earnings call, as merchants look toward broadening their payments acceptance across channels.CEO Frank Bisignano (who will be leaving to helm the Social ...

Fiserv, Inc. (FI) has reported mixed fourth-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate, while revenues missed the mark.See Zacks Earnings Calendar to stay ahead of market-making news.FI’s adjusted earnings per share of $2.51 beat the consensus mark by 1.2% and gained 14.6% year over year. Adjusted revenues of $4.9 billion missed the consensus estimate by 1.1% and declined marginally on a year-over-year basis.The FI stock has gained 36.2% over the past six months, outperforming ...

Financial Data and Key Metrics Changes - Fiserv delivered adjusted earnings per share of $8.80, up 17%, driven by strong revenue growth and operating margin expansion [5][40] - Adjusted revenue growth was 7%, with total company organic revenue growth at 16% [5][49] - Free cash flow was $5.2 billion, with $5.5 billion returned to shareholders via share repurchase in 2024 [6][42] Business Line Data and Key Metrics Changes - Merchant Solutions segment saw organic revenue growth of 23% in Q4 and 27% for the full year, with Clover revenue reaching $2.7 billion [51][54] - Financial Solutions segment experienced organic revenue growth of 4% in Q4 and 6% for the full year, with digital payments revenue growing by 5% and Zelle revenue increasing by 28% [61][64] Market Data and Key Metrics Changes - The company added 65% more bank partners in 2024 compared to 2023, approaching one thousand financial institutions as merchant partners [24] - In EMEA, Fiserv signed a strategic agreement with Unikaha in Spain to develop advanced payment solutions [34] Company Strategy and Development Direction - Fiserv is focusing on embedded finance and has secured a partnership with DoorDash to offer banking services through a single app [20][22] - The company aims to integrate its full SMB suite with XD, its digital banking platform, enhancing its offerings for small businesses [10][70] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to achieve 10% to 12% organic revenue growth in 2025, with a focus on maintaining operational excellence [42][66] - The leadership transition is seen as a positive, with Mike Lyons emphasizing the importance of executing the strategic plan laid out in late 2023 [16][18] Other Important Information - Fiserv has a strong commitment to small businesses, launching a $10 million relief fund to support clients and employees affected by disasters [80] - The company was recognized for its quality of product and service, ranking highly in innovation and long-term investment value [81] Q&A Session Summary Question: What surprised Mike about Fiserv during his diligence? - Mike noted the unparalleled opportunity for cross-selling across platforms and the impressive talent focused on innovation within the company [88][90] Question: What are the building blocks for Clover's sustainable growth? - Frank highlighted the strong demand for integrated solutions and the successful rollout of new products as key drivers for Clover's growth [95][99] Question: Can you discuss the impact of the DoorDash contract on financial solutions? - Bob confirmed that the DoorDash partnership is accelerating their position in embedded finance and will enhance their overall capabilities [105][106] Question: What are the January trends for consumer spending? - Bob indicated that consumer spending remains resilient, benefiting from the company's broad capabilities across various categories [108][109] Question: What is the outlook for the issuing space in Financial Solutions? - Bob attributed the slowdown in issuing to the overall credit environment but expects an uptick with new clients like Target and Verizon coming online [113][114] Question: How is the Walmart partnership evolving? - Frank emphasized the long-standing relationship with Walmart and the ongoing collaboration on various payment initiatives [120][122]

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 ...