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What to Expect From Fidelity National Information Services’ Next Quarterly Earnings Report
Yahoo Finance· 2025-10-16 06:51
Core Insights - Fidelity National Information Services, Inc. (FIS) is a financial services technology provider with a market cap of $35.4 billion, operating through various segments including Banking Solutions and Capital Market Solutions [1] Financial Performance - FIS is expected to announce its third-quarter results in early November, with analysts predicting an adjusted profit of $1.48 per share, a 5.7% increase from $1.40 per share in the same quarter last year [2] - For the full fiscal year 2025, adjusted EPS is projected to be $5.74, reflecting a nearly 10% increase from $5.22 in 2024, with further growth expected in fiscal 2026 to $6.23 per share, an 8.5% year-over-year increase [3] Stock Performance - FIS stock has declined by 25.3% over the past 52 weeks, underperforming the Technology Select Sector SPDR Fund's 24.3% increase and the S&P 500 Index's 14.7% returns during the same period [4] - Following the release of Q2 results on August 5, FIS stock dropped 8.5%, despite reporting a topline of $2.6 billion, which was a 5.8% growth year-over-year and exceeded expectations by 1.6% [5] Investor Sentiment - Investor sentiment was negatively impacted by a $598 million loss from FIS's investment in Worldpay Holdco, which was not included in the bottom-line calculation under non-GAAP accounting [6] - Analysts maintain a "Moderate Buy" consensus rating for FIS, with 12 "Strong Buys," 3 "Moderate Buys," 9 "Holds," and 1 "Strong Sell," and a mean price target of $86.75 indicating a 30.3% upside potential from current levels [7]
Virtu Financial, Inc. Completes Incremental New Senior Secured First Lien Term Loan
Globenewswire· 2025-09-23 12:50
Core Viewpoint - Virtu Financial, Inc. has successfully priced and closed incremental term loans amounting to $300 million, increasing its total term loan balance to $1,545 million under its senior secured credit facility [1][2]. Group 1: Incremental Term Loans - The Incremental Term Loan, along with existing Term Loans, will bear interest at Term SOFR + 250 basis points and will be issued at par [2]. - Proceeds from the Incremental Term Loan may be utilized for general corporate purposes [2]. Group 2: Company Overview - Virtu Financial is a leading provider of financial services and products, utilizing advanced technology to deliver liquidity and innovative trading solutions globally [3]. - The company offers a comprehensive product suite, including execution, liquidity sourcing, analytics, and broker-neutral platforms across over 50 countries and multiple asset classes [3]. - Virtu's integrated multi-asset analytics platform provides pre- and post-trade services, data products, and compliance tools for clients to manage investments and risks [3].