Core Viewpoint - Fidelity National Information Services, Inc. (FIS) is experiencing growth driven by recurring revenue, international market presence, strategic acquisitions, and strong cash flows supporting investments [1] Financial Performance - FIS has a Zacks Rank of 3 (Hold) and its stock has increased by 27.4% over the past year, outperforming the industry growth of 22.6% [2] - The Zacks Consensus Estimate for FIS' 2025 earnings is $5.72 per share, reflecting a 10.4% improvement from the 2024 estimate, with revenues projected at $10.6 billion, a 4.2% increase from 2024 [4] - FIS has outperformed earnings estimates in three of the last four quarters, with an average surprise of 8.16% [5] Business Growth Drivers - FIS is achieving robust top-line growth, particularly in its Banking Solutions and Capital Market Solutions segments, with year-over-year revenue growth of 2% and 7% respectively in the first nine months of 2024 [6][7] - The company has a strong international presence in markets such as the UK, Germany, Australia, Brazil, and Canada, leveraging organic growth initiatives and strategic acquisitions to secure multi-year recurring contracts [8] Strategic Initiatives - FIS focuses on organic growth through innovative solutions and targeted sales and marketing initiatives to acquire new clients and strengthen market presence [9] - The company utilizes acquisitions to expand its product portfolio and geographic footprint, while partnerships enhance comprehensive solutions for clients [9] Technological Advancements - Increasing digitization across industries provides FIS with opportunities to capitalize on its technology solutions, supported by investments in cutting-edge technologies and infrastructure upgrades [10] Cash Flow and Shareholder Returns - FIS generates robust cash flows, enabling strategic investments and consistent shareholder returns through share buybacks and dividends, with a net cash increase of 7.1% year-over-year in the first nine months of 2024 and a dividend yield of 1.8%, higher than the industry average of 0.7% [11]

FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal.The two parties agreed to a deal last week, Sky News reported, citing unnamed sources. An announcement is said to be forthcoming.FIS did not immediately reply to PYMNTS’ request for comment. A spokesperson for Demica said the company does not comment on market rumors or speculation.The news came weeks after Demica announced in a press release that its assets under administration surpassed $40 billion, while the compound ...

FIS is teaming with Oracle to remove paper checks from the utility billing process.The FinTech company announced Tuesday (Nov. 12) that its BillerIQ solution, running on the Oracle Cloud Infrastructure, will allow Oracle — which manages billions of utility customer bills each year — to roll out electronic bill delivery.“The utility sector has historically used traditional payment methods,” Seamus Smith, group president of global automated finance at FIS, said in a news release. “However, with smart meters a ...

Core Insights - The article discusses the expertise of Vladimir Dimitrov, CFA, highlighting his background in brand and intangible assets valuation, particularly within the technology, telecom, and banking sectors [1] Group 1 - Vladimir Dimitrov has a career history as a strategy consultant, focusing on brand and intangible asset valuation [1] - He has worked with some of the largest global brands in various industries, including technology, telecom, and banking [1]

Shares of Fidelity National Information Services (NYSE: FIS ) have been a strong performer over the past year, gaining 66% as its business simplification has paid off for investors. However, shares have pulled back a bit from their 52-weekOver 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 kno ...

Core Viewpoint - The article emphasizes the importance of utilizing Zacks Premium services, including Zacks Rank and Style Scores, to enhance investment confidence and identify high-potential stocks. Zacks Style Scores - Zacks Style Scores provide a rating system for stocks based on value, growth, and momentum characteristics, helping investors select securities likely to outperform the market in the short term [3][4]. - Stocks are rated from A to F, with A indicating the highest potential for outperformance [4]. Value Score - The Value Score identifies attractive and discounted stocks using financial ratios such as P/E, PEG, and Price/Sales [4]. Growth Score - The Growth Score focuses on a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [5]. Momentum Score - The Momentum Score assesses stocks based on price trends and earnings outlook changes, indicating favorable times to invest in high-momentum stocks [5]. VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with strong value, growth, and momentum characteristics [6]. Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8]. - There are over 800 top-rated stocks available, making it essential for investors to utilize Style Scores to narrow down choices [9]. Stock Highlight: Fidelity National Information Services (FIS) - Fidelity National Information Services, Inc. is a provider of banking and payments technology solutions, formed through a merger in 2006 [12]. - FIS holds a 2 (Buy) rating on the Zacks Rank and has a VGM Score of B, with a Momentum Style Score of A, indicating strong performance potential [13][14]. - Recent upward revisions in earnings estimates by analysts have increased the Zacks Consensus Estimate for FIS to $5.19 per share, with an average earnings surprise of 8.2% [13].

On Monday, Fidelity National Information Services, Inc FIS reported third-quarter revenue of $2.57 billion, up 3% year over year, topping the analyst consensus of $2.56 billion. Adjusted EPS of $1.40 beat the analyst consensus of $1.29.The company expects fiscal 2024 revenue of $10.14 billion – $10.17 billion (prior $10.12 billion – $10.17 billion) and adjusted EPS of $5.15 – $5.20 (prior $5.03 – $5.11).Also Read: Short Squeeze – GlobalFoundries Stock Soars On Q3 Earnings Beat, Strong Q4 OutlookMultiple ana ...

Fidelity National Information Services, Inc. (FIS) reported third-quarter 2024 adjusted earnings per share (EPS) of $1.40, which beat the Zacks Consensus Estimate by 8.5%. Also, the bottom line increased 48.9% year over year.Revenues grew 3.2% year over year to $2.6 billion. Also, the top line beat the consensus mark by a whisker.The strong third-quarter results benefited from strong recurring revenue growth in both segments and new sales momentum. It witnessed improved results from both the Banking Solutio ...

Core Viewpoint - Fidelity National Information Services (FIS) reported strong quarterly earnings, exceeding expectations and showing significant year-over-year growth in both earnings per share and revenues [1][3]. Financial Performance - The company achieved quarterly earnings of $1.40 per share, surpassing the Zacks Consensus Estimate of $1.29 per share, and up from $0.94 per share a year ago, representing an earnings surprise of 8.53% [1][2]. - Revenues for the quarter were $2.57 billion, exceeding the Zacks Consensus Estimate by 0.13% and up from $2.49 billion in the same quarter last year [3]. Market Performance - Fidelity National shares have increased approximately 48.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 20.1% [4]. - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for continued outperformance in the near future [7]. Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.34, with projected revenues of $2.63 billion, and for the current fiscal year, the EPS estimate is $5.09 on revenues of $10.15 billion [8]. - The Financial Transaction Services industry, to which Fidelity National belongs, is ranked in the top 34% of Zacks industries, suggesting a favorable outlook for the sector [9].

Fidelity National Information Services, Inc. (FIS) is set to report third-quarter 2024 results on Nov. 4, 2024, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $1.29 per share on revenues of $2.57 billion.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The third-quarter earnings estimate has remained stable over the past 60 days. The bottom-line projection indicates a year-over-year increase of 37.2%. The Zacks C ...