Fidelity National Information Services, Inc. (FIS)
Payments processor FIS forecasts quarterly profit below estimates, shares drop
Banking and payments processing firm Fidelity National Information Services on Tuesday forecast first-quarter adjusted profit below Wall Street estimates, sending its shares down 12.34% in premarket trading.
Fidelity National Information Services (FIS) Beats Q4 Earnings Estimates
Fidelity National Information Services (FIS) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $0.94 per share a year ago.
Unlocking Q4 Potential of Fidelity National (FIS): Exploring Wall Street Estimates for Key Metrics
Evaluate the expected performance of Fidelity National (FIS) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Fidelity National Information Services (FIS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Fidelity National (FIS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
FIS or FOUR: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Financial Transaction Services sector have probably already heard of Fidelity National Information Services (FIS) and Shift4 Payments (FOUR). But which of these two stocks is more attractive to value investors?
Will Fidelity National (FIS) Beat Estimates Again in Its Next Earnings Report?
Fidelity National (FIS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Compelling Reasons to Hold Fidelity National Stock for Now
FIS remains well-poised for growth, attributable to strong contributions from Banking Solutions and Capital Markets units, acquisitions and digital transformation efforts.
Here's Why You Should Retain Fidelity National Stock Right Now
FIS is well-poised for growth, attributable to strong segmental performance, acquisitions and prudent capital deployment.
FIS Reportedly Spending $300 Million to Buy UK FinTech Demica
FIS is reportedly acquiring U.K. supply chain finance firm Demica in a $300 million deal. The two parties agreed to a deal last week, Sky News reported, citing unnamed sources.
FIS and Oracle Team to Digitize Utility Bill Payments
FIS is teaming with Oracle to remove paper checks from the utility billing process. The FinTech company announced Tuesday (Nov. 12) that its BillerIQ solution, running on the Oracle Cloud Infrastructure, will allow Oracle — which manages billions of utility customer bills each year — to roll out electronic bill delivery.
Fidelity National Information Services: Strong Performance Might Not Last (Rating Downgrade)
After years of underperformance, FIS has become one of the best-performing stocks within its peer group. Unfortunately, however, this trend is unlikely to continue as the stock is now priced more in line with fundamentals. Revenue growth remains sluggish and the opportunity for further margin improvements is now limited.
Fidelity National: Benefits Of Its Business Transformation Priced In (Rating Downgrade)
Fidelity National Information Services shares have gained 66% over the past year due to business simplification, but are now trading at fair value. Q3 earnings beat expectations with $1.40 EPS and $2.6 billion revenue, driven by recurring revenue growth and cost controls. FIS returned $700 million to shareholders in Q3, including $500 million in buybacks, and reduced debt significantly from $18 billion to $10.9 billion.
