• Reiterating revenue and adj. EBITDA outlook and confident on delivery of 2024 financial commitments For a description of non-GAAP measures and a reconciliation of GAAP to non-GAAP measures, see Appendix. | --- | --- | --- | --- | --- | --- | |--------------------------|----------------|-------------------------------|--------------------------|--------------------------|-------| | FREE CASH FLOW \n$ 95M | CAPEX \n$ 202M | CAPITAL RETURNED \n$ 1.6B | BALANCE SHEET \n$ 11.2B | (as of 3/31/2024) \n2.7x | 2.9 ...

Fidelity National Information Services (FIS) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.58%. A quarter ago, it was expected that this banking and payment technologies company would post earnings of $0.95 per share when it actually produced earnings of $0.94, delivering a surpr ...

Fidelity National Information Services, Inc. (FIS) shares have shown impressive performance compared to its peers this year. With 13% growth year to date, it has surpassed the industry's 4.4% rise and the S&P 500 Index's 7.7% gain. This reflects investor confidence in its growth strategies, operational efficiency and efforts to enhance shareholder value.The divestment of its 55% stake in Worldpay earlier this year underscores management's skill in executing profit-enhancing initiatives and focusing on core ...

The upcoming report from Fidelity National Information Services (FIS) is expected to reveal quarterly earnings of $0.96 per share, indicating a decline of 25.6% compared to the year-ago period. Analysts forecast revenues of $2.45 billion, representing a decrease of 30.3% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Pr ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.In addition t ...

JHVEPhoto Shares of Fidelity National Information Services (NYSE:FIS) have been a strong performer over the past year, rising about 36%. In November, I upgraded FIS from “sell” to “buy” as much of the bad news appeared priced in while simplification of the business created potential upside. Since that recommendation, shares have returned nearly 40%, significantly outperforming the market’s 17% gain. In the process, shares have rallied past my initial low-$60’s price target, making now a natural time to ...

Fidelity National Information Services (FIS) closed the latest trading day at $69.86, indicating a +0.81% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.57%. Elsewhere, the Dow gained 0.83%, while the tech-heavy Nasdaq added 0.39%.The banking and payment technologies company's stock has climbed by 8.88% in the past month, exceeding the Business Services sector's gain of 2.03% and the S&P 500's gain of 2.97%.The upcoming earnings release of Fidelity National Informat ...

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Fidelity National Information Services (FIS) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Fidelity National Information Services is a member of our Business Services group, which includes 315 different companies and currently sits at #5 in the Zacks Sec ...

Fidelity National Information Services (FIS) closed the most recent trading day at $69.15, moving -0.97% from the previous trading session. This move lagged the S&P 500's daily gain of 1.03%. Meanwhile, the Dow experienced a rise of 0.34%, and the technology-dominated Nasdaq saw an increase of 1.51%.Coming into today, shares of the banking and payment technologies company had gained 13.23% in the past month. In that same time, the Business Services sector gained 6.35%, while the S&P 500 gained 3.21%.The inv ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Fidelity National Information Services (FIS) .Fidelity National currently has an average broker ...