Financial Performance - FIS reported full-year 2024 revenue of approximately $10.1 billion, a 3% increase on a GAAP basis and a 4% increase on an adjusted basis compared to the prior year[9][10]. - GAAP net earnings attributable to common stockholders for 2024 were $787 million, or $1.42 per diluted share, representing a 67% increase over the prior year[9][7]. - Adjusted net earnings from continuing operations for 2024 were $2.9 billion, with adjusted EPS increasing by 56% to $5.22 per diluted share[10][7]. - In Q4 2024, revenue increased 3% year-over-year to approximately $2.6 billion, with adjusted EBITDA of approximately $1.1 billion and an adjusted EBITDA margin of 42.9%, up 103 basis points[5][6]. - Revenue for Q4 2024 was $2,599 million, a 3.5% increase from $2,512 million in Q4 2023[41]. - Gross profit for the year ended December 31, 2024, was $3,804 million, compared to $3,656 million in 2023, reflecting a growth of 4.1%[41]. - Operating income for Q4 2024 increased to $494 million, up from $326 million in Q4 2023, representing a 51.5% increase[41]. - Net earnings attributable to FIS for the year 2024 were $1,450 million, a significant recovery from a loss of $6,655 million in 2023[41]. - Basic earnings per share for continuing operations in Q4 2024 was $0.57, compared to $0.11 in Q4 2023, marking a substantial increase[41]. - Total revenue from continuing operations for the three months ended December 31, 2024, was $143 million, compared to $156 million for the same period in 2023, representing a decrease of 8.3%[69]. Shareholder Returns - The company repurchased $4.0 billion of shares in 2024 and plans to repurchase approximately $1.2 billion in 2025, maintaining a dividend payout ratio target of approximately 35% of adjusted net earnings[4][7]. - Adjusted free cash flow for 2024 was $1.8 billion, with $4.8 billion returned to shareholders through share repurchases and dividends[18][17]. Revenue Segments - Banking Solutions revenue for Q4 2024 was $1.7 billion, a 1% increase on a GAAP basis and a 2% increase on an adjusted basis, while Capital Market Solutions revenue increased by 9% to $821 million[12][14]. - The Banking Solutions segment generated $6.892 billion in revenue for 2024, a 2% increase from $6.743 billion in 2023[47]. - The Capital Market Solutions segment reported revenue of $2.979 billion in 2024, up 7% from $2.766 billion in 2023[47]. Debt and Cash Flow - The company reported total debt outstanding of $11.3 billion as of December 31, 2024, with net cash provided by operating activities for the year totaling $2.2 billion[17][18]. - Cash and cash equivalents at the end of 2024 were $1.946 billion, down from $4.414 billion in 2023, a decrease of 56%[45]. - The company reported a net cash provided by operating activities of $2.175 billion in 2024, compared to $2.078 billion in 2023, an increase of 4.7%[45]. Cost Management - The company’s cost of revenue for Q4 2024 was $1,622 million, up from $1,542 million in Q4 2023, indicating a 5.2% increase[41]. - Selling, general and administrative expenses decreased to $483 million in Q4 2024 from $539 million in Q4 2023, a reduction of 10.4%[41]. - The company incurred acquisition, integration, and other payments of $475 million for the year ended December 31, 2024, compared to $370 million in 2023, indicating a 28.4% increase in such costs[59]. Discontinued Operations - The company reported a net loss from discontinued operations of $23 million in Q4 2024, compared to a gain of $188 million in Q4 2023[41]. - Earnings from discontinued operations for Q4 2024 were a loss of $23 million, compared to a profit of $187 million in Q4 2023, marking a significant turnaround[65]. - The separation of the Worldpay Merchant Solutions business resulted in a loss on sale of disposal group of $578 million for the year ended December 31, 2024[76]. Worldpay Business - FIS completed the sale of a 55% stake in its Worldpay Merchant Solutions business, retaining a 45% equity interest in a new joint venture, Worldpay Holdco, LLC[2][3]. - Worldpay Holdco, LLC reported revenue of $1,303 million for the three months ended December 31, 2024, compared to $4,732 million for the eleven months ended December 31, 2024[79]. - The gross profit for Worldpay Holdco, LLC was $651 million for the three months ended December 31, 2024[79]. - The company recorded a cumulative tax benefit of $1.1 billion related to the Worldpay Sale, primarily from the release of U.S. deferred tax liabilities[76].

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 ...

Core Insights - The article compares Fidelity National Information Services (FIS) and Shift4 Payments (FOUR) to determine which stock is more attractive to value investors [1] Group 1: Company Rankings - FIS has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while FOUR has a Zacks Rank of 3 (Hold) [3] - The Zacks Rank system emphasizes companies with positive estimate revision trends, suggesting that FIS is likely experiencing a more favorable earnings outlook [3] Group 2: Valuation Metrics - FIS has a forward P/E ratio of 13.84, significantly lower than FOUR's forward P/E of 25.76 [5] - FIS's PEG ratio is 0.60, compared to FOUR's PEG ratio of 0.98, indicating that FIS is expected to grow earnings at a more attractive rate relative to its price [5] - FIS's P/B ratio is 2.61, while FOUR's P/B ratio is 9.85, further highlighting FIS's relative undervaluation [6] Group 3: Value Grades - FIS has a Value grade of B, while FOUR has a Value grade of C, indicating that FIS is currently viewed as the superior value option based on its solid earnings outlook and valuation metrics [6]

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 ...