Fiserv Inc (FISV) Tops Q3 EPS by 4c; Raises Outlook

Fiserv Inc (NASDAQ: FISV) reported Q3 EPS of $1.20, $0.04 better than the analyst estimate of $1.16. Revenue for the quarter came in at $3.59 billion versus the consensus estimate of $3.58 billion.

GUIDANCE:

Outlook for 2020
While the COVID-19 pandemic continues to provide uncertainty in market conditions, the company is raising its full year 2020 outlook for adjusted earnings per share. Fiserv now expects adjusted earnings per share to grow at least 11% over adjusted earnings per share for 2019, as revised for the net impact of divestitures.

"The strength of our business has allowed us to deliver outstanding results in uncertain times. We are, including raising our earnings outlook in anticipation of achieving our 35th consecutive year of double-digit adjusted earnings per share growth while continuing to invest in the future," said Bisignano

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

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• MP Materials seen largely insulated after China export-control move
• Goldman reinstates Estee Lauder rating, sees turnaround driving growth and margins