* Fidelity National Information Services Inc reported quarterly adjusted earnings of $1.10 per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of $1.29. The mean expectation of twenty five analysts for the quarter was for earnings of 95 cents per share. Wall Street expected results to range from 91 cents to 97 cents per share.
* Revenue fell 29.7% to $2.47 billion from a year ago; analysts expected $2.45 billion.
* Fidelity National Information Services Inc's reported EPS for the quarter was $1.25.
* The company reported quarterly net income of $724 million.
* Fidelity National Information Services Inc shares had fallen by 4.7% this quarter and gained 17.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 14 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the financial technology (fintech) peer group is also "buy"
Wall Street's median 12-month price target for Fidelity National Information Services Inc is $75.00 This summary was machine generated from LSEG data May 6 at 09:22 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 0.95 1.10 Beat
Dec. 31 2023 0.94 0.94 Met
Sep. 30 2023 1.55 1.65 Beat
Jun. 30 2023 1.48 1.55 Beat
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