FIS shares plunge most since 2023 on disappointing revenue, guidance miss
Shares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a disappointing forecast.The stock dropped 12% as of afternoon trading, heading for its biggest drop since March 2023. Here's how the company did, compared to analysts' consensus estimates from LSEG:Earnings per share: $1.40 adjusted vs. $1.36 expectedRevenue: $2.6 billion vs. $2.63 billion expectedRevenue at the fintech com ...