Fidelity National Information Services(FIS)
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Fidelity National Information Services(FIS) - 2023 Q4 - Earnings Call Transcript
2024-02-26 17:32
Fidelity National Information Services, Inc. (NYSE:FIS) Q4 2023 Earnings Conference Call February 26, 2024 8:30 AM ET Company Participants George Mihalos - Head, Investor Relations Stephanie Ferris - President & Chief Executive Officer James Kehoe - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Ramsey El-Assal - Barclays David Koning - Baird Darrin Peller - Wolfe Research Jason Kupferberg - Bank of America Dan Dolev - Mizuho Vasu Govil - KBW Ashwin Shirvaikar - Citi Operato ...
Fidelity National (FIS) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-26 15:31
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) Q4 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-02-26 14:15
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 ...
Fidelity National Information Services(FIS) - 2023 Q4 - Earnings Call Presentation
2024-02-26 13:38
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 ...
FIS Reports Full-Year 2023 Results, Introduces 2024 Outlook, Raises Future Forward Expectations and Announces $500 Million Increase to Share Repurchase Goal
Businesswire· 2024-02-26 12:00
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 ...
Fidelity National Information Services(FIS) - 2023 Q4 - Annual Results
2024-02-25 16:00
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 ...
Fidelity National Information Services(FIS) - 2023 Q4 - Annual Report
2024-02-25 16:00
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 ...
Will Fidelity National (FIS) Q4 Earnings Witness Lower Profits?
Zacks Investment Research· 2024-02-21 16:01
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 ...
Fidelity National Information Services (FIS) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-02-21 00:21
Fidelity National Information Services (FIS) closed at $62.96 in the latest trading session, marking a -1.08% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.6%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq decreased by 0.92%.Shares of the banking and payment technologies company witnessed a gain of 2.94% over the previous month, trailing the performance of the Business Services sector with its gain of 6.58% and the S&P 5 ...
Looming Layoffs? 3 Companies That May Be the Next to Drop the Axe.
InvestorPlace· 2024-02-19 21:33
Al Jazeera has called 2023 “the year of the layoffs.” As the news organization pointed out recently, it started badly in 2023, when Salesforce (NYSE:CRM) cut 10% of its global staff. CEO Marc Benioff might be a big believer in stakeholder capitalism, but 2023 proved that even he wouldn’t stand for an excessive work force. Perhaps the problem was that the U.S. created too many jobs in 2022. Approximately 4.5 million were added, the second-highest in 40 years. An increase like that may have been the deciding ...