Fiserv Inc (FISV) Tops Q1 EPS by 4c; Guides Q2 In-Line

Fiserv Inc (NASDAQ: FISV) reported Q1 EPS of $1.06, $0.04 better than the analyst estimate of $1.02. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.34 billion.

“We are pleased with our start to the year including 7 percent internal revenue growth in the Payments segment and excellent operating performance,“ said Jeffery Yabuki, President and Chief Executive Officer of Fiserv. “Our business model continues to produce high-quality revenue, strong adjusted earnings per share and outstanding free cash flow.”

GUIDANCE:

Fiserv Inc sees Q2 2016 EPS of $4.32-$4.44, versus the consensus of $4.39.

For earnings history and earnings-related data on Fiserv Inc (FISV) click here.

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