Fiserv Revises FY23 Organic Revenue Growth Outlook To 11% From 9%-11%, Adj. EPS To $7.47-$7.52 From $7.40-$7.50 vs $7.42 Est.
Portfolio Pulse from Benzinga Newsdesk
Fiserv has revised its FY23 organic revenue growth outlook to 11% from the previous range of 9%-11%. The company also adjusted its EPS to $7.47-$7.52 from $7.40-$7.50, which is higher than the estimated $7.42.
October 24, 2023 | 11:09 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Fiserv's revised FY23 outlook indicates higher organic revenue growth and adjusted EPS than previously expected, which could positively impact its stock price.
Fiserv's revised outlook for FY23 shows an increase in both organic revenue growth and adjusted EPS. This indicates that the company expects better financial performance than previously anticipated, which could make its stock more attractive to investors and potentially drive up its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100