Fiserv Benefits From Acquisitions Despite Increased Competition

Fiserv, Inc. (FI) shares have surged 73.3% in the past year, outperforming the industry and the Zacks S&P 500 composite’s growth of 31.8% and 32.4%, respectively.One Year Price Performance Image Source: Zacks Investment Research Fiserv reported mixed third-quarter 2024 results. FI’s adjusted earnings per share (excluding $1.3 from non-recurring items) of $2.3 beat the consensus mark by 2.2% and gained 17.4% year over year. Adjusted revenues of $4.9 billion missed the consensus estimate by a slight margin bu ...