Fiserv Sees FY23 Adj. EPS $7.40-$7.50 vs $7.37 Est.
Portfolio Pulse from Bill Haddad
Fiserv has updated its adjusted EPS forecast for FY23 to $7.40-$7.50, which is higher than the previous estimate of $7.37.
July 26, 2023 | 11:03 am
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POSITIVE IMPACT
Fiserv's updated FY23 adjusted EPS forecast is higher than the previous estimate, which could positively impact the company's stock.
Earnings per share (EPS) is a key indicator of a company's profitability. An upward revision in EPS forecast usually signals improved profitability expectations, which can positively influence investor sentiment and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100