Fidelity National Information Services, Inc. (FIS) reported fourth-quarter 2024 adjusted earnings per share (EPS) of $1.40, which beat the Zacks Consensus Estimate by 3.7%. Also, the bottom line increased 48.9% year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.Revenues grew 3.6% year over year to $2.6 billion. However, the top line missed the consensus mark by 1.3%.Strong fourth-quarter earnings benefited from robust recurring revenue growth in both segments and new sales mo ...

Shares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a disappointing forecast.The stock dropped 12% as of afternoon trading, heading for its biggest drop since March 2023. Here's how the company did, compared to analysts' consensus estimates from LSEG:Earnings per share: $1.40 adjusted vs. $1.36 expectedRevenue: $2.6 billion vs. $2.63 billion expectedRevenue at the fintech com ...

Shares of FIS slid at the start of intraday trading Tuesday (Feb. 11) in the wake of fourth-quarter earnings results, as net income forecasts came in below Wall Street expectations.During a conference call with analysts, however, management pointed to accelerating growth in key segments, including Banking Solutions, on the same day it announced a partnership with payment network Affirm. The tie-up will enable FIS debit processing bank clients to integrate Affirm’s pay-over-time solution “directly into their ...

Fidelity National Information Services, Inc (NYSE:FIS) Q4 2024 Results Conference Call February 11, 2025 8:30 AM ET Company Participants George Mihalos - Head, Investor Relations Stephanie Ferris - Chief Executive Officer and President James Kehoe - Chief Financial Officer Conference Call Participants Will Nance - Goldman Sachs Tien-Tsin Huang - JPMorgan Darrin Peller - Wolfe Research Dan Dolev - Mizuho Jason Kupferberg - Bank of America Ramsey El-Assal - Barclays Vasu Govil - KBW John Davis - Raymond James ...

Fidelity National Information Services (FIS) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.70%. A quarter ago, it was expected that this banking and payment technologies company would post earnings of $1.29 per share when it actually produced earnings of $1.40, delivering a surpri ...

Exhibit 99.1 News Release FIS Reports Full-Year 2024 Results and 2025 Outlook Confirms Accelerating Momentum JACKSONVILLE, Fla., February 11, 2025 - FIS (NYSE:FIS), a global leader in financial technology, today reported its fourth quarter and full-year 2024 results. ® "2024 was a year of positive momentum for FIS. We successfully completed the Worldpay separation, and made significant progress executing on our Future Forward strategy," said FIS CEO and President Stephanie Ferris. "Our 2025 outlook reflects ...

The upcoming report from Fidelity National Information Services (FIS) is expected to reveal quarterly earnings of $1.35 per share, indicating an increase of 43.6% compared to the year-ago period. Analysts forecast revenues of $2.63 billion, representing an increase of 4.9% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during ...

Investors interested in stocks from the Financial Transaction Services sector have probably already heard of Fidelity National Information Services (FIS) and Shift4 Payments (FOUR) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Ra ...

Fidelity National Information Services, Inc. (FIS) benefits from recurring revenue growth, international market presence, strategic acquisitions and collaborations, and strong cash flows supporting investments.FIS’ Zacks Rank & Price RallyFidelity National currently carries a Zacks Rank #3 (Hold).The stock has gained 27.4% in the past year compared with the industry’s 22.6% growth. The Zacks Business Services sector increased 21.1% and the S&P 500 composite index rose 24.7% in the same time frame.Image Sour ...

Fidelity National Information Services, Inc. (FIS) benefits from strong Banking Solutions and Capital Market Solutions businesses, digital transformation opportunities, partnerships, and a robust cash flow supporting shareholder returns.FIS’ Zacks Rank & Price RallyFidelity National currently carries a Zacks Rank #3 (Hold).The stock has gained 38.8% in the past year compared with the industry’s 24.2% growth. The Zacks Business Services sector rose 23.3% and the S&P 500 composite index increased 28.4% in the ...