Fidelity National Info Q2 Adj EPS $1.55 Beats $1.48 Estimate, Sales $3.75B Beat $3.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fidelity National Info (NYSE:FIS) reported Q2 adjusted earnings of $1.55 per share, beating the analyst consensus estimate of $1.48 by 4.73%. However, this is a 10.4% decrease from the same period last year. The company also reported quarterly sales of $3.75 billion, beating the analyst consensus estimate of $3.70 billion by 1.35%, a 0.83% increase from the same period last year.
August 04, 2023 | 10:55 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Fidelity National Info's Q2 earnings and sales beat estimates, but earnings decreased by 10.4% YoY. Sales increased by 0.83% YoY.
While Fidelity National Info beat Q2 earnings and sales estimates, the YoY decrease in earnings could potentially concern investors. However, the YoY increase in sales could offset these concerns, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100