Fiserv (FI) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.25 per share. This compares to earnings of $1.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.22%. A quarter ago, it was expected that this financial services technology company would post earnings of $2.09 per share when it actually produced earnings of $2.13, delivering a surprise of 1.91%.Over the last four quart ...

A Mann N / / 1 / 0 / 2 / 1 " FINILS " - NE 77 11 4 7 / 2 - 2 / ENEWS IN THE LEAR AINICE 1 I LaaMa PALLE FLATIN Third Quarter 2024 Financial Results October 22, 2024 Forward-Looking Statements and Non-GAAP Financial Measures 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, ...

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 ...

Earnings Expectations - The market expects Fiserv to report a year-over-year increase in earnings and revenues for the quarter ended September 2024 [1] - The consensus estimate for quarterly earnings is $2.25 per share, representing a 14.8% year-over-year increase [3] - Revenues are expected to be $4.91 billion, up 6.3% from the year-ago quarter [3] Earnings Report Impact - The earnings report, expected on October 22, 2024, could influence the stock price based on whether results meet or exceed expectations [2] - A positive earnings surprise could drive the stock higher, while a miss could lead to a decline [2] - The sustainability of price changes will depend on management's discussion of business conditions during the earnings call [2] Estimate Revisions and Earnings ESP - The consensus EPS estimate has been revised 0.12% higher over the last 30 days [4] - Fiserv's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.12% [10] - The stock currently carries a Zacks Rank of 2, indicating a strong likelihood of beating the consensus EPS estimate [10] Historical Performance - Fiserv has consistently beaten consensus EPS estimates over the last four quarters [12] - In the last reported quarter, Fiserv delivered a positive earnings surprise of +1.91% [11] Earnings Surprise Predictions - A positive Earnings ESP combined with a favorable Zacks Rank increases the likelihood of an earnings beat [8] - Stocks with this combination produce a positive surprise nearly 70% of the time [8] - Fiserv appears to be a compelling earnings-beat candidate based on current estimates and historical performance [15]

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 ...