Fiserv CEO Confident in Growth After Q3 Outperformance, Raises 2023 Guidance
Portfolio Pulse from Anusuya Lahiri
Fiserv, Inc reported Q3 revenue growth of 8% Y/Y to $4.87 billion, beating the consensus of $4.61 billion. Adjusted EPS of $1.96 beat the consensus of $1.93. The company also raised its 2023 guidance for organic revenue growth and adjusted EPS. Fiserv's shares traded higher by 4.31% at $114.33 on the last check Tuesday.
October 24, 2023 | 1:53 pm
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Fiserv reported strong Q3 results and raised its 2023 guidance, leading to a 4.31% increase in its stock price.
Fiserv's Q3 revenue and EPS beat consensus estimates, and the company raised its 2023 guidance. These positive financial results and future outlook have likely contributed to the increase in Fiserv's stock price.
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