Latest news with #FIS
Yahoo
5 days ago
- Business
- Yahoo
What to Expect From Fidelity National's Earnings Report
With a market cap of $41.3 billion, Fidelity National Information Services, Inc. (FIS) is a global leader in financial technology solutions. The Florida-based company serves financial institutions, businesses, and developers through its three main segments: Banking Solutions, Capital Market Solutions, and Corporate and Other. The company is set to report its Q2 earnings on Tuesday, Aug. 5. Ahead of the event, analysts expect FIS to report an EPS of $1.36 per share, flat from the figure reported in the year-ago quarter. It has exceeded analysts' earnings estimates in all of the past four quarters, which is impressive. More News from Barchart Dear Google Stock Fans, Mark Your Calendars for July 23 Dear UnitedHealth Stock Fans, Mark Your Calendars for July 29 Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2025, analysts expect FIS to report an EPS of $5.74, up 10% from $5.22 in fiscal 2024. Moreover, in fiscal 2026, its EPS is expected to grow 8.7% year-over-year to $6.24. Over the past year, FIS shares have surged 3.2%, underperforming the S&P 500 Index's ($SPX) 10.5% gains and the Technology Select Sector SPDR Fund's (XLK) 10.8% rise over the same time frame. On May 6, FIS shares dropped 3.1% after the company reported its first-quarter earnings. The company posted an adjusted EPS of $1.21, surpassing analyst expectations and marking an 11% year-over-year increase. Revenue rose 4% to $2.5 billion, supported by robust growth across its business segments. Additionally, FIS returned $670 million to shareholders during the quarter, including $450 million through share repurchases and $220 million in dividends. Moreover, analysts remain moderately bullish about FIS' stock's future prospects, with a "Moderate Buy" rating overall. Among 28 analysts covering the stock, 14 recommend a 'Strong Buy,' three suggest a 'Moderate Buy,' 10 recommend a 'Hold,' and one suggests a 'Strong Sell.' FIS' mean price of $88.62 implies a premium of 11.7% from its prevailing price level. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
FIS to Report Second Quarter Earnings on August 5, 2025
JACKSONVILLE, Fla., July 16, 2025--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial services technology, will announce second quarter 2025 financial results on Tues., August 5, 2025, prior to market open. The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EST) the same day. To access the webcast, go to the Investor Relations section of FIS' homepage, A replay will be available after the conclusion of the live webcast. About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X. View source version on Contacts For More Information Kim SniderSenior Vice PresidentFIS Global Marketing and Corporate George MihalosSenior Vice PresidentHead of Investor Sign in to access your portfolio
Business Wire
5 days ago
- Business
- Business Wire
FIS to Report Second Quarter Earnings on August 5, 2025
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FIS ® (NYSE: FIS), a global leader in financial services technology, will announce second quarter 2025 financial results on Tues., August 5, 2025, prior to market open. The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EST) the same day. To access the webcast, go to the Investor Relations section of FIS' homepage, A replay will be available after the conclusion of the live webcast. About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500 ® and the Standard & Poor's 500 ® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X.
Globe and Mail
5 days ago
- Business
- Globe and Mail
FIS to Report Second Quarter Earnings on August 5, 2025
FIS ® (NYSE: FIS), a global leader in financial services technology, will announce second quarter 2025 financial results on Tues., August 5, 2025, prior to market open. The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EST) the same day. To access the webcast, go to the Investor Relations section of FIS' homepage, A replay will be available after the conclusion of the live webcast. About FIS FIS is a financial technology company providing solutions to financial institutions, businesses, and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500 ® and the Standard & Poor's 500 ® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X.
Finextra
6 days ago
- Business
- Finextra
Activist investor builds stake in Global Payments
Global Payments shares rose on Wednesday after media reports that activist investor Elliott Management has built up a stake in the fintech. 0 In April, Global Payments agreed a blockbuster $22.7 billion deal to acquire Worldpay from GTRC and FIS while offloading its Issuer Solutions business to FIS for $13.5 billion. Global Payments had previously been divesting assets and buying back stock. The change in strategy sent shares south, with the company's stock down around 30% so far this year. Th agreement is expected to close in the first half of 2026 and does not require a shareholder vote. Yet the news - first reported by the Financial Times - that Elliott has secured a "sizable" stake in Global Payments still sent the share price up by around five per cent in morning trading on Wednesday. The exact size of the stake and Elliott's demands have not been disclosed.
