Fiserv Q1 2024 Adj EPS $1.88 Beats $1.79 Estimate, Sales $4.883B Beat $4.575B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fiserv reported Q1 2024 adjusted EPS of $1.88, surpassing the $1.79 estimate, and sales of $4.883B, exceeding the $4.575B estimate. This represents an 18.99% increase in EPS and a 7.39% increase in sales from the same period last year.
April 23, 2024 | 11:03 am
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POSITIVE IMPACT
Fiserv's Q1 2024 earnings and sales exceeded analyst expectations, showing strong year-over-year growth.
Beating both EPS and sales estimates significantly, especially with such a notable year-over-year growth, is likely to instill investor confidence and could lead to a positive short-term price movement for Fiserv's stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100