Fidelity National Info Q2 2024 Adj. EPS $1.36 Beats $1.23 Estimate, Sales $2.500 Miss $2.486B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fidelity National Info (NYSE:FIS) reported Q2 2024 adjusted EPS of $1.36, beating the analyst estimate of $1.23. However, sales of $2.500 billion missed the estimate of $2.486 billion and showed a significant decrease from $3.746 billion in the same period last year.
August 06, 2024 | 11:04 am
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Fidelity National Info (NYSE:FIS) reported Q2 2024 adjusted EPS of $1.36, beating the analyst estimate of $1.23. However, sales of $2.500 billion missed the estimate of $2.486 billion and showed a significant decrease from $3.746 billion in the same period last year.
The mixed earnings report for FIS, with EPS beating estimates but sales missing and showing a significant year-over-year decline, suggests a neutral short-term impact. Investors may be concerned about the sales drop despite the EPS beat.
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