Fiserv's (FI) Q4 Earnings Surpass Estimates, Revenues Miss

Fiserv, Inc.(FI) reported mixed fourth-quarter 2023 results, wherein earnings beat the Zacks Consensus Estimate while revenues missed the mark.Adjusted earnings per share (excluding 40 cents from non-recurring items) of $2.19 exceeded the consensus mark by 1.9% and increased 14.7% year over year. Adjusted revenues of $4.64 billion missed the consensus estimate by 1.1% but increased slightly on a year-over-year basis.Organic revenue growth was 12% in the quarter, driven by 24% and 4% growth in the Acceptance ...