Fiserv (FI) Q2 Earnings Surpass Estimates, Revenues Miss

Fiserv, Inc. (FI) has reported mixed second-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate, while revenues missed the mark. FI's adjusted earnings per share (excluding 60 cents from non-recurring items) of $2.1 outpaced the consensus mark by 1.9% and increased 17.7% year over year. Adjusted revenues of $4.8 billion missed the consensus estimate by a slight margin but rose on a year-over-year basis. The FI stock has gained 21.2% over the past year, outperforming the 11% rally of the ...