Company Participants Operator Fiserv, Inc. (NYSE:FI) Q4 2023 Earnings Conference Call February 6, 2024 8:00 AM ET Conference Call Participants At this time, I will turn the call over to Julie Chariell, Senior Vice President of Investor Relations at Fiserv. Thank you, and good morning. With me on the call today are Frank Bisignano, our Chairman, President and Chief Executive Officer; and Bob Hau, our Chief Financial Officer. And now over to Frank. Thank you, Julie, and thank you all for joining us today to d ...

Fiserv, Inc.(FI) reported mixed fourth-quarter 2023 results, wherein earnings beat the Zacks Consensus Estimate while revenues missed the mark.Adjusted earnings per share (excluding 40 cents from non-recurring items) of $2.19 exceeded the consensus mark by 1.9% and increased 14.7% year over year. Adjusted revenues of $4.64 billion missed the consensus estimate by 1.1% but increased slightly on a year-over-year basis.Organic revenue growth was 12% in the quarter, driven by 24% and 4% growth in the Acceptance ...

Fiserv’s most recent results show momentum as smaller businesses and financial institutions (FIs) alike invest in upgrading their digital and mobile capabilities and payments acceptance.Earnings supplementals released alongside the earnings announcement showed that the Merchant Acceptance segment recorded 24% organic revenue growth to $2.1 billion. Clover-related revenues gathered 30%, and management noted on the call that annualized gross payment volume stands at $271 billion, up 17%, with increased penetr ...

Fiserv (FI) reported $4.64 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 6.4%. EPS of $2.19 for the same period compares to $1.91 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.69 billion, representing a surprise of -1.03%. The company delivered an EPS surprise of +1.86%, with the consensus EPS estimate being $2.15.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Fiserv (FI) came out with quarterly earnings of $2.19 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $1.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.86%. A quarter ago, it was expected that this financial services technology company would post earnings of $1.94 per share when it actually produced earnings of $1.96, delivering a surprise of 1.03%.Over the last four quart ...

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today reported financial results for the fourth quarter and full year 2023. Fourth Quarter and Full Year 2023 GAAP Results GAAP revenue for the company increased 6% to $4.92 billion in the fourth quarter of 2023 compared to the prior year period, with 14% growth in the Acceptance segment, 3% growth in the Payments segment and 3% decline in the Fintech segment. GA ...

Investors are always looking for stocks that are poised to beat at earnings season and Fiserv, Inc. (FI) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Fiserv is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator o ...

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index™ for January 2024. The Fiserv Small Business Index is an indicator of the performance of small businesses in the United States at national, state, and industry levels. According to this month’s Fiserv Small Business Index, spending at small businesses held steady to start the year, growing +0.1% month-over-month to remain at an ...

The upcoming report from Fiserv (FI) is expected to reveal quarterly earnings of $2.15 per share, indicating an increase of 12.6% compared to the year-ago period. Analysts forecast revenues of $4.69 billion, representing an increase of 7.5% year over year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. ...

The first platform in the hospitality industry to put diners at the center of how restaurants operate, so restaurants can create better experiences and grow their business NEW YORK, Feb. 1, 2024 /PRNewswire/ -- BentoBox, the Official Restaurant Technology Partner of the James Beard Foundation (JBF), has launched the BentoBox Marketing & Commerce Platform, an all-in-one restaurant commerce engine—encompassing modules for websites, online ordering, reservations, and events management—that will engage diners a ...