Fidelity National Information Services (FIS) reported $2.47 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 29.7%. EPS of $1.10 for the same period compares to $1.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.45 billion, representing a surprise of +0.85%. The company delivered an EPS surprise of +14.58%, with the consensus EPS estimate being $0.96.While investors closely watch year-over-year changes in headline numbers -- reve ...

Unlocking Financial Technology To The World 11 Opening Remarks Our discussions today, including this presentation and any comments made by management, contain "forward-looking statement within the meaning of the U.S. federal securities laws. Any statements that refer to future events or circumstances, including our future strategies or results, or that are not historical facts, are forward-looking statements. Actual results could differ materially fr those projected in forward-looking statements due to a va ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q _______________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-16427 _______________________________________________ Fidelity National Info ...

Fidelity National Information Services, Inc. (NYSE:FIS) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants George Mihalos - Head of Investor Relations Stephanie Ferris - President and Chief Executive Officer James Kehoe - Chief Financial Officer Conference Call Participants Operator Good day. Thank you for standing by and welcome to the FIS First Quarter 2024 Earnings Conference Call. All participants are in a listen-only mode. Please note there will be no Q&A following the speaker ...

• Reiterating revenue and adj. EBITDA outlook and confident on delivery of 2024 financial commitments For a description of non-GAAP measures and a reconciliation of GAAP to non-GAAP measures, see Appendix. | --- | --- | --- | --- | --- | --- | |--------------------------|----------------|-------------------------------|--------------------------|--------------------------|-------| | FREE CASH FLOW \n$ 95M | CAPEX \n$ 202M | CAPITAL RETURNED \n$ 1.6B | BALANCE SHEET \n$ 11.2B | (as of 3/31/2024) \n2.7x | 2.9 ...

Fidelity National Information Services (FIS) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.58%. A quarter ago, it was expected that this banking and payment technologies company would post earnings of $0.95 per share when it actually produced earnings of $0.94, delivering a surpr ...

Fidelity National Information Services, Inc. (FIS) shares have shown impressive performance compared to its peers this year. With 13% growth year to date, it has surpassed the industry's 4.4% rise and the S&P 500 Index's 7.7% gain. This reflects investor confidence in its growth strategies, operational efficiency and efforts to enhance shareholder value.The divestment of its 55% stake in Worldpay earlier this year underscores management's skill in executing profit-enhancing initiatives and focusing on core ...

The upcoming report from Fidelity National Information Services (FIS) is expected to reveal quarterly earnings of $0.96 per share, indicating a decline of 25.6% compared to the year-ago period. Analysts forecast revenues of $2.45 billion, representing a decrease of 30.3% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Pr ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.In addition t ...

JHVEPhoto Shares of Fidelity National Information Services (NYSE:FIS) have been a strong performer over the past year, rising about 36%. In November, I upgraded FIS from “sell” to “buy” as much of the bad news appeared priced in while simplification of the business created potential upside. Since that recommendation, shares have returned nearly 40%, significantly outperforming the market’s 17% gain. In the process, shares have rallied past my initial low-$60’s price target, making now a natural time to ...