Update: Fidelity National Information Services Shares Fall After Q3 Guidance Trails Estimates

MT Newswires Live
Aug 06

(Updates with stock price movement in the headline and first paragraph.)

Fidelity National Information Services (FIS) shares fell 9.7% in recent Tuesday trading after the company's Q3 adjusted earnings guidance trailed Wall Street estimates.

The company expects Q3 adjusted EPS of $1.46 to $1.50 on revenue of $2.65 billion to $2.67 billion.

Analysts polled by FactSet had expected EPS of $1.55 on revenue of $2.66 billion.

The company reported Q2 adjusted earnings of $1.36 per diluted share, up from $1.34 a year earlier.

Analysts polled by FactSet expected $1.36.

Revenue in the three months ended June 30 rose to $2.62 billion from $2.49 billion a year earlier.

Analysts polled by FactSet expected $2.58 billion.

The company expects 2025 adjusted EPS of $5.72 to $5.80 versus $5.70 to $5.80 previously. Analysts polled by FactSet had forecast $5.75.

The company boosted 2025 revenue guidance to the range of $10.52 billion to $10.57 billion from $10.44 billion to $10.5. Analysts polled by FactSet expected $10.48 billion.

Price: 71.28, Change: -7.68, Percent Change: -9.73

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