News
Public · Published
Fidelity National Information Services, Inc. reports results for the quarter ended September 30 - Earnings Summary
Fidelity National Information Services reported adjusted earnings of $1.61 per share for the quarter ended September 30, up from $1.51 a year earlier and slightly above analysts' $1.60 average estimate. Revenue rose 27.1% to $3.45 billion, also exceeding expectations; reported earnings per share were 69 cents and net income was $356 million.
Published:
Updated:
What happened
Fidelity National Information Services reported adjusted earnings of $1.61 per share for the quarter ended September 30, up from $1.51 a year earlier and slightly above analysts’ $1.60 average estimate. Revenue rose 27.1% to $3.45 billion, also exceeding expectations; reported earnings per share were 69 cents and net income was $356 million.
Confirmed
Global impact / market context
Higher revenue and adjusted earnings indicate stronger quarterly business results than a year earlier and modestly better outcomes than analysts expected. That may support investor confidence in the company’s ability to generate sales and profit, although the reported earnings per share was much lower than the adjusted figure.
Analyst inference
Analyst expectations had softened: the average earnings estimate fell about 1% over three months, and two analysts cut estimates in the latest 30 days. Shares had gained 18.5% this quarter but remained down 41.3% for the year, while the average rating was “buy.”
Confirmed
What to watch
- Watch whether upcoming results show revenue growth continuing, since sustained sales growth would help determine whether this quarter’s 27.1% increase reflects lasting business momentum. Analyst inference
- Compare adjusted earnings per share with reported earnings per share in future updates; the current $1.61 adjusted figure differs sharply from the reported 69 cents. Analyst inference
- Track analyst estimate changes and the recommendation split: the mean earnings estimate recently declined, while 14 analysts rated the shares buy or strong buy, 16 hold, and one sell or strong sell. Confirmed
Evidence
- Original source link unavailable