Markets

Fiserv Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Fiserv Inc. (FISV) reported earnings for third quarter that dropped from last year.

The company's bottom line came in at $198 million, or $0.33 per share. This compares with $227 million, or $0.55 per share, in last year's third quarter.

Excluding items, Fiserv Inc. reported adjusted earnings of $710 million or $1.02 per share for the period.

Analysts had expected the company to earn $1.00 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 122.0% to $3.13 billion from $1.41 billion last year.

Fiserv Inc. earnings at a glance:

-Earnings (Q3): $710 Mln. vs. $611 Mln. last year. -EPS (Q3): $1.02 vs. $0.87 last year. -Analysts Estimate: $1.00 -Revenue (Q3): $3.13 Bln vs. $1.41 Bln last year.

-Guidance: Full year EPS guidance: $3.98 to $4.02

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

FISV

Latest Markets Videos

    RTTNews

    Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

    Learn More