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Fiserv's most recent earnings call Tuesday (April 23) demonstrated continued demand for its point-of-sale (POS) systems that enable merchants to accept payments. The company posted results that showed consolidated adjusted revenue growth of 7% in the first quarter to $4.9 billion.
While the top- and bottom-line numbers for Fiserv (FI) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Fiserv (FI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Fiserv's (FI) first-quarter 2024 revenues are likely to have benefited from an improved segmental performance.
Besides Wall Street's top -and-bottom-line estimates for Fiserv (FI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
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.
MILWAUKEE--(BUSINESS WIRE)--Fiserv to Release First Quarter Earnings Results on April 23, 2024.
Fintech, or financial technology, is a sector that has been growing rapidly in recent years, offering innovative solutions for payments, banking, lending and investing. The best fintech stocks leverage digital platforms, data analytics, artificial intelligence (AI) and other technologies.
Fiserv (FI) is benefitting from its business model, with a diverse client mix and the expansion of its product portfolio through acquisitions, including that of Skytef, Sled and Finxact.
Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still stubbornly in place, and for a reason. Paguandas also outlined some key principles guiding authentication of payments and commerce.