Fiserv (FI) Reports Q3 Earnings, Reduces Full-year Revenue Outlook

Core Insights - Fiserv, Inc. reported a 1% year-over-year increase in GAAP revenue to $5.26 billion and a 49% increase in GAAP EPS to $1.46 for the fiscal third quarter of 2025 [1] - The revenue growth was primarily driven by a 5% increase in the Merchant Solutions segment, although this was partially offset by a 3% decline in the Financial Solutions segment [2] - The company has introduced the One Fiserv action plan, focusing on five strategic pillars aimed at enhancing its business operations and growth [3] Financial Guidance - Fiserv has adjusted its full-year organic revenue growth expectation to 3.5% to 4%, down from a previous guidance of 10% organic growth [4] - Following the earnings release, a Buy rating was reiterated by Andrew Harte from BTIG, with a price target set at $180 [4] Business Segments - Fiserv operates primarily through two business segments: Merchant Solutions and Financial Solutions, providing a range of fintech solutions for payment processing and transaction management [5]