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Wednesday, February 7, 2018

-=Fiserv (FISV) reported earnings on Wed 7 Feb 2018 (a/h)

Fiserv beats by $0.03, reports revs in-line; guides FY18 EPS above consensus
  • Reports Q4 (Dec) earnings of $1.41 per share, $0.03 better than the Capital IQ Consensus of $1.38; revenues rose 5.9% year/year to $1.52 bln vs the $1.51 bln Capital IQ Consensus.
    • Operating margin was 28.1% in the fourth quarter of 2017 and 26.9% for the full year, increasing 200 basis points and 70 basis points, respectively, compared to the prior year periods
  • Co issues upside guidance for FY18, sees EPS of $6.05 to $6.30 vs. $5.85 Capital IQ Consensus Estimate.

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