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Fiserv (FI) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $1.88 per share a year ago.
Fiserv missed Wall Street estimates for first-quarter revenue on Thursday, hurt by slowing demand in its payments processing unit, sending the company's shares down about 7% in premarket trading.
Fiserv plans to acquire Brazilian FinTech company Money Money Servicos Financeiros S.A. to expand the range of payment, management and cash flow solutions Fiserv's Clover offers Brazilian small– to medium-sized businesses (SMBs).
Investors might consider buying Fiserv stock now for potential shelter from the tariff storm and long-term upside.
Robust growth in Clover is expected to have aided FI's top line in the first quarter of 2025.
MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, together with the Kansas Office of the Governor today announced their plan to open a new strategic fintech hub in Overland Park, the largest suburb in the Kansas City metropolitan area. This location will bring approximately 2,000 jobs to the state as part of the company's strategy to bring people together to inspire innovation and deliver exceptional products and servic.
Get a deeper insight into the potential performance of Fiserv (FI) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Fiserv (FI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Fiserv (FI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.