There are lots of overextended stocks out there falling short thanks to dividend payments that are too good to be true. The internationally known pharmaceutical company Bayer (OTCMKTS:BAYRY) is a great example of this as the company recently announced a 95% dividend cut on Feb. 20. It plans to pay the legal minimum of 0.11 euros (12 cents USD) a share for 2023 as part of its three-year plan to reduce its debt. In 2022, it paid out 2.40 euros ($2.60 USD), 0.48 euros (52 cents USD) higher than analyst expecta ...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Fidelity National Information Services, FIS™, (NYSE: FIS), a global leader in financial services technology, today announced the commencement of 14 separate offers (the “Offers”) to purchase for cash up to $2,250,000,000 aggregate principal amount of its outstanding senior notes of the series listed in the table below (collectively, the “Notes”). Subject to the Maximum Purchase Condition (as defined below), the series of Notes that are purchased in the Offers will be bas ...

Fidelity National Information Services, Inc. (FIS) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 94 cents, which missed the Zacks Consensus Estimate by 1.1%. The bottom line declined 4% year over year.Revenues dipped 1% year over year to $2.51 billion. The top line fell short of the consensus mark of $2.52 billion.The quarterly results were hit by softer revenue contribution from the Banking Solutions segment and a significant rise in interest expenses. Its shares declined 2% in the pre- ...

Fidelity National Information Services (FIS) reported $2.51 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 32.4%. EPS of $0.94 for the same period compares to $1.71 a year ago.The reported revenue represents a surprise of -0.38% over the Zacks Consensus Estimate of $2.52 billion. With the consensus EPS estimate being $0.95, the EPS surprise was -1.05%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Fidelity National Information Services (FIS) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.05%. A quarter ago, it was expected that this banking and payment technologies company would post earnings of $1.59 per share when it actually produced earnings of $0.94, delivering a surpr ...

FOURTH QUARTER 2023 EARNINGS CALL f Speakers Disclosures 3 4 • Strategic go-to-market partnership established to preserve key value proposition for clients of both companies • Capitalizing on secular growth trends and expanding into new verticals • Raising share repurchase target to at least $4B by year-end 2024, including $510M in 4Q 2023 • Refocused sales force on higher value technology sales …DROVE STRONGER RESULTS IN 2023… ADJUSTED EPS • Adjusted revenue growth accelerating to 4%+ • Banking revenue gro ...

JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE:FIS), a global leader in financial services technology, today reported its fourth quarter and full-year 2023 results. “Our 2023 results and our 2024 outlook reflect the continued positive momentum of the business as we delivered on our financial commitments for the fourth consecutive quarter and successfully closed the Worldpay transaction,” said FIS CEO and President Stephanie Ferris. “I am pleased with our outperformance on our Future Forward expectations ...

Exhibit 99.1 News Release FIS Reports Full-Year 2023 Results, Introduces 2024 Outlook, Raises Future Forward Expectations and Announces $500 Million Increase to Share Repurchase Goal • Fourth quarter GAAP Diluted Earnings Per Share for continuing operations of $0.11 and Adjusted EPS of $0.94 • Including discontinued operations, fourth quarter GAAP Diluted Earnings Per Share of $0.42 and Adjusted EPS of $1.67 • Full-year 2023 GAAP Diluted Earnings Per Share for continuing operations of $0.85 and Adjusted EPS ...

Commission File No. 001-16427 ________________________________________________________ Fidelity National Information Services, Inc. (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None (Title of Class) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 mont ...

Fidelity National Information Services, Inc. (FIS) is set to report its fourth-quarter 2023 results on Feb 26, before the opening bell.What Do the Estimates Say?The Zacks Consensus Estimate for fourth-quarter earnings per share (EPS) of 95 cents suggests a 44.4% decrease from the prior-year figure of $1.71. The consensus mark remained stable over the past week. The consensus estimate for fourth-quarter revenues of $2.5 billion indicates a 32.2% decrease from the year-ago reported figure.Fidelity National be ...