Latest news with #FidelityNational
Yahoo
5 days ago
- Business
- Yahoo
Fidelity National (FIS) Up 6.4% Since Last Earnings Report: Can It Continue?
It has been about a month since the last earnings report for Fidelity National Information Services (FIS). Shares have added about 6.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Fidelity National due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. It turns out, estimates revision have trended downward during the past month. Currently, Fidelity National has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. However, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Fidelity National has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Fidelity National is part of the Zacks Financial Transaction Services industry. Over the past month, Paypal (PYPL), a stock from the same industry, has gained 6%. The company reported its results for the quarter ended March 2025 more than a month ago. Paypal reported revenues of $7.79 billion in the last reported quarter, representing a year-over-year change of +1.2%. EPS of $1.33 for the same period compares with $1.40 a year ago. For the current quarter, Paypal is expected to post earnings of $1.28 per share, indicating a change of +7.6% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.2% over the last 30 days. Paypal has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fidelity National Information Services, Inc. (FIS) : Free Stock Analysis Report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
08-05-2025
- Business
- Yahoo
Fidelity National (FIS) Upgraded to Buy: What Does It Mean for the Stock?
Fidelity National Information Services (FIS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time. As such, the Zacks rating upgrade for Fidelity National is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock. For Fidelity National, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher. As empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. This banking and payment technologies company is expected to earn $5.75 per share for the fiscal year ending December 2025, which represents a year-over-year change of 10.2%. Analysts have been steadily raising their estimates for Fidelity National. Over the past three months, the Zacks Consensus Estimate for the company has increased 0.4%. Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term. You can learn more about the Zacks Rank here >>> The upgrade of Fidelity National to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fidelity National Information Services, Inc. (FIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
07-05-2025
- Business
- Yahoo
Fidelity National (FIS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended March 2025, Fidelity National Information Services (FIS) reported revenue of $2.53 billion, up 2.6% over the same period last year. EPS came in at $1.21, compared to $1.10 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.5 billion, representing a surprise of +1.10%. The company delivered an EPS surprise of +0.83%, with the consensus EPS estimate being $1.20. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Fidelity National performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Banking Solutions : $1.72 billion compared to the $1.71 billion average estimate based on eight analysts. The reported number represents a change of +2% year over year. Revenue- Corporate and Other : $50 million versus the eight-analyst average estimate of $49.64 million. The reported number represents a year-over-year change of -35.1%. Revenue- Capital Market Solutions : $764 million versus the eight-analyst average estimate of $756.36 million. The reported number represents a year-over-year change of +8.2%. Adjusted EBITDA- Banking Solutions : $688 million versus the four-analyst average estimate of $720.66 million. Adjusted EBITDA- Corporate and other : -$99 million versus -$129.07 million estimated by four analysts on average. Adjusted EBITDA- Capital Market Solutions: $369 million versus $360.18 million estimated by four analysts on average. View all Key Company Metrics for Fidelity National here>>> Shares of Fidelity National have returned +14% over the past month versus the Zacks S&P 500 composite's +11.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fidelity National Information Services, Inc. (FIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
06-05-2025
- Business
- Yahoo
Fidelity National Information Services (FIS) Q1 Earnings and Revenues Surpass Estimates
Fidelity National Information Services (FIS) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0.83%. A quarter ago, it was expected that this banking and payment technologies company would post earnings of $1.35 per share when it actually produced earnings of $1.40, delivering a surprise of 3.70%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Fidelity National , which belongs to the Zacks Financial Transaction Services industry, posted revenues of $2.53 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.10%. This compares to year-ago revenues of $2.47 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Fidelity National shares have lost about 3% since the beginning of the year versus the S&P 500's decline of -3.9%. What's Next for Fidelity National? While Fidelity National has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Fidelity National: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
The Independent
06-05-2025
- Politics
- The Independent
A Texas lawyer gave advice to an immigrant family caught up in an ICE raid. Agents visited him, and then he was fired
Last month, Clay Jackson was at a gas station near his home in Dallas when an attendant asked if he could offer up some legal advice to an immigrant family in the neighborhood. A father was caught up in an Immigration and Customs Enforcement raid, and the mixed-status family with a U.S. citizen child wasn't sure what to do next. Jackson agreed to give them informal pro bono support in his personal capacity, not as an in-house lawyer for Fidelity National Financial, a multi-billion dollar Fortune 500 title insurance company. 'My goal was to try to find somebody just to be a conduit for them, to alleviate their immediate concerns and fear, give them just some basic understanding of what this is and how this may play out, and then try to find them with a good lawyer,' he told The Independent. Then two people he says appeared to be federal law enforcement agents visited Jackson himself. Two plain-clothed agents appeared at his home and accused Jackson of obstructing an investigation, he said. Jackson talked to former Washington Post columnist Radley Balko about the people he believed were ICE agents arriving at his door. That article, which did not mention where Jackson worked, was published April 23. That same day, Jackson was fired. The incident follows a series of actions from Donald Trump 's administration targeting individual lawyers and firms that provided work for his perceived political enemies. Jackson fears ICE's threats and his abrupt termination could send a 'chilling' effect preventing lawyers from pro bono work or even informal advice. In one executive order last month, Trump accused pro bono immigration attorneys of working with their clients to 'conceal their past or lie about their circumstances when asserting their asylum claims' in an 'attempt to circumvent immigration policies enacted to protect our national security and deceive the immigration authorities and courts into granting them undeserved relief.' That order also presses the attorney general to investigate immigration attorneys. Last month, Michigan attorney Amir Makled was detained by federal immigration officers in an airport while returning from a family vacation. Boston attorney Bachir Atallah and his wife were detained at the Canadian border earlier this month. A statement from Fidelity National Financial to The Independent noted that that the company does not discuss 'personal employment matters.' 'This is to protect employee privacy and confidentiality. However, I will note that Mr. Jackson is no longer with the company,' the statement said. Fidelity's chief legal officer Peter Sadowski told Bloomberg that Jackson was not terminated for speaking to a reporter or for giving advice to an immigration family. 'I can't comment further, given that this is an ongoing employment matter at the company,' Sadowski told the outlet. On March 23, Jackson alerted his bosses that he was planning to speak with a journalist about ICE appearing at his home. He felt an obligation to speak out, he said, but he claims his boss appeared dismissive of his concerns. 'They're sending people to El Salvador without a court hearing. Every lawyer has to agree that every human being is entitled to due process. That's the foundation of our profession,' Jackson told The Independent. If something were to happen to him, or to the family he spoke with, and he never alerted a reporter about what happened, 'it would devastate me,' he said. 'It was in good faith to be like, you know, 'heads up, this is happening, I'm doing this because I feel like I need to do this for my conscience, and I'm going to regret if I don't talk to this reporter, because this is an important thing,'' he said. 'I'm not spray painting a federal building or something, I'm just helping people in my community.' Jackson began to fear for his safety and sought a transfer from the Texas office, where he started working in 2023, to a branch in Chicago, where he has family. He said that request was denied, and said his employers warned him against providing legal advice outside the scope of supporting a client. He was warned that his messages about the incident and his communications with his boss suggested that he intended to resign — which he flatly denied. Several more days passed, and the article was published. He sent an email to other litigators at his office with a copy of the article, telling them, 'if it can happen to me, it can happen to anyone.' Roughly 90 minutes later, his access to work equipment and communications was 'cut off,' he said. A courier knocked on his door that afternoon handing him a letter, telling him he was terminated for his 'unsatisfactory performance' in violation of company policy. Bill Foley, Fidelity's billionaire chair, donated at least $500,000 to Trump's campaign fundraising arms in 2020 and has supported each of the president's campaigns. He supported Florida Governor Ron DeSantis in the 2024 Republican primary but donated $500,000 to Trump's campaign when he emerged as the nominee. Jackson — a former litigator with Tennessee-based firm Bass, Berry & Sims, who had previously worked with clients entangled in byzantine, often years-long immigration proceedings — says he viscerally understands how complicated, and terrifying, the country's immigration system can be for people suddenly thrust into it. 'I've seen that fear. I've seen that 'I don't know if my kids are going to be safe' fear,' he told The Independent. 'You have to make a choice. The choice is to be humane or not, and that's why I do it,' he said. 'And it wasn't because I'm some 'raging liberal that hates immigration enforcement.' I get it. It's been really messed up for decades. But what we've never had is people being sent to a gulag without a court hearing.'
