Although the revenue and EPS for Fiserv (FI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fiserv (FI) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $1.81 per share a year ago.
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Fiserv's (FI) top line is likely to have benefited from better segmental performances in the second quarter of 2024.
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Fiserv, Fidelity National Information, Global Payments, WEX and The Western Union have been highlighted in this Industry Outlook article.
Fiserv (FI) benefits from its business model, client addition and retention, and providing value-added solutions to its clients.
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Fintech remains a treasure in the investment world, and many are looking into fintech stocks to buy. They have promising and innovative solutions, with the potential for substantial returns.
Fiserv (FI) is benefitting from strategic acquisitions despite high competition due to the entry of multiple non-banking bodies.
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