Fiserv (FI) Q1 Earnings Surpass Estimates, Revenues Miss

Fiserv, Inc. (FI) has reported mixed first-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate, while revenues missed the mark.FI’s adjusted earnings per share (excluding 65 cents from non-recurring items) of $1.9 beat the consensus mark by 6.2% and increased 19% year over year. Adjusted revenues of $4.5 billion missed the consensus estimate by a slight margin and decreased slightly on a year-over-year basis.Other Quarterly DetailsProcessing and services’ revenues of $4 billion increase ...