Fiserv (FI) Q3 Earnings and Revenues Miss Estimates

Core Insights - Fiserv reported quarterly earnings of $2.04 per share, missing the Zacks Consensus Estimate of $2.64 per share, and down from $2.30 per share a year ago, representing an earnings surprise of -22.73% [1] - The company posted revenues of $4.92 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 8.16%, and slightly up from $4.88 billion year-over-year [2] - Fiserv shares have declined approximately 38.6% year-to-date, contrasting with the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.93 on revenues of $5.44 billion, and for the current fiscal year, it is $10.17 on revenues of $20.77 billion [7] - The estimate revisions trend for Fiserv was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Financial Transaction Services industry, to which Fiserv belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]