Fidelity National Information Sees FY24 Adj. EPS $5.03-$5.11 Vs $4.97 Est.; Revenue $10.120B-$19.170B Vs $10.139B Est.
Portfolio Pulse from Benzinga Newsdesk
Fidelity National Information Services (FIS) has provided its financial outlook for FY24, projecting adjusted EPS between $5.03 and $5.11, which is above the estimated $4.97. The company also forecasts revenue in the range of $10.120 billion to $10.170 billion, slightly below the estimated $10.139 billion.
August 06, 2024 | 11:10 am
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Fidelity National Information Services (FIS) has provided its financial outlook for FY24, projecting adjusted EPS between $5.03 and $5.11, which is above the estimated $4.97. The company also forecasts revenue in the range of $10.120 billion to $10.170 billion, slightly below the estimated $10.139 billion.
The positive EPS guidance above estimates is likely to have a favorable impact on FIS's stock price in the short term. However, the slightly lower revenue forecast may temper the overall positive sentiment.
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