Fidelity National Information Sees Q3 Adj. EPS $1.27-$1.31 Vs 1.23 Est.; Revenue $2.55B-$2.570B Vs $2.486B Est.
Portfolio Pulse from Benzinga Newsdesk
Fidelity National Information Services (FIS) has announced its Q3 adjusted EPS guidance of $1.27-$1.31, surpassing the estimated $1.23. Additionally, the company expects revenue between $2.55 billion and $2.57 billion, higher than the estimated $2.486 billion.
August 06, 2024 | 11:09 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Fidelity National Information Services (FIS) has provided Q3 guidance that exceeds market expectations, with adjusted EPS of $1.27-$1.31 vs. $1.23 estimated and revenue of $2.55B-$2.57B vs. $2.486B estimated.
The positive guidance on both EPS and revenue suggests strong financial performance, likely leading to a short-term increase in FIS's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100