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Fiserv, Inc. (FISV) Tops Q2 EPS by 5c; Guides In-Line

July 30, 2013 4:13 PM EDT
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Price: $47.18 -1.42%

Financial Fact:
Cost of product: 186M

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Fiserv, Inc. (NASDAQ: FISV) reported Q2 EPS of $1.50, $0.05 better than the analyst estimate of $1.45. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.2 billion.

Fiserv, Inc. sees FY2013 EPS of $5.84-$6.03, versus the consensus of $5.93. Fiserv continues to expect 2013 adjusted revenue growth to be in excess of 10 percent, adjusted internal revenue growth to be in a range of 3 to 4 percent.

“Our strong second quarter results included revenue and earnings acceleration in-line with our full-year expectations,” said Jeffery Yabuki, President and Chief Executive Officer of Fiserv. “Performance was led by 7 percent adjusted internal revenue growth in our Payments segment, solid sales and excellent free cash flow.”

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


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