Fiserv Expects 2024 Organic Revenue Growth Of 15%-17%, Adjusted EPS Of $8.55-$8.70 (Est $8.61)
Portfolio Pulse from Benzinga Newsdesk
Fiserv has projected its 2024 organic revenue growth to be between 15%-17% and expects its adjusted EPS to range from $8.55 to $8.70, aligning closely with the estimated $8.61.
February 06, 2024 | 12:04 pm
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POSITIVE IMPACT
Fiserv's 2024 revenue and EPS projections exceed market expectations, indicating strong future performance.
Fiserv's announcement of expected organic revenue growth and adjusted EPS for 2024 that aligns with or exceeds analyst estimates is likely to instill confidence in investors about the company's growth trajectory and operational efficiency. This positive outlook could lead to an increase in stock price in the short term as investors react to the promising financial projections.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100