First Quarter 2025 Earnings Call May 6, 2025 Speakers First Quarter Highlights 1 Stephanie Ferris Chief Executive Officer and President Financial Results & Outlook 2 James Kehoe Chief Financial Officer 2 Disclosures Forward-looking Statements Our discussions today, including this presentation and any comments made by management, contain "forward-looking statements" within the meaning of the U.S. federal securities laws. Any statements that refer to future events or circumstances, including our future strate ...

Financial Performance - Preliminary estimated revenue for Q1 2025 is $2,532 million, exceeding the outlook range of $2,485 - $2,510 million[8] - Adjusted revenue growth for Q1 2025 is 4%, surpassing the guidance of 2.5%-3.5%[8] - Adjusted EBITDA for Q1 2025 is estimated at $958 million, within the outlook of $940-$960 million[8] - Full-year 2025 revenue guidance is reaffirmed at $10,435 - $10,495 million[9] - Adjusted EPS for Q1 2025 is estimated at $1.21, aligning with the guidance of $1.17 - $1.22[8] - Banking recurring revenue growth for Q1 2025 is 2%, above the guidance of 0.5%-1.5%[8] - Capital Markets recurring revenue growth for Q1 2025 is 9%, exceeding the guidance of 7.0%-8.0%[8] - Adjusted EBITDA margin for Q1 2025 is approximately 37.8%, consistent with the outlook range of 37.8%-38.2%[8] Mergers and Acquisitions - The company plans to acquire the Issuer Solutions business from Global Payments for approximately $13.5 billion[11] - The company will sell Worldpay Holdco, LLC to Global Payments for approximately $24.25 billion[11] Risks - The company faces risks related to failure to innovate, which could impact solutions and customer retention[19] - Operational or natural disasters at major operations centers pose significant risks[19] - Compliance failures with payment network requirements could affect operations[19] - The company is exposed to risks of fraud by bad actors[19] - Additional risks are detailed in the "Risk Factors" section of the Annual Report on Form 10-K for the fiscal year ended December 31, 2024[19]

Financial services technology solutions provider Fidelity National Information Services, Inc. (FIS) is set to report first-quarter 2025 results on May 6, 2025, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $1.20 per share, and the same for revenues is pinned at $2.5 billion. (See the Zacks Earnings Calendar to stay ahead of market-making news.)The first-quarter earnings estimate remained stable over the past 60 days. The bottom-line pr ...

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Investors interested in Financial Transaction Services stocks are likely familiar with Fidelity National Information Services (FIS) and Payoneer Global Inc. (PAYO) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphas ...

Wall Street analysts expect Fidelity National Information Services (FIS) to post quarterly earnings of $1.20 per share in its upcoming report, which indicates a year-over-year increase of 9.1%. Revenues are expected to be $2.51 billion, up 1.9% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe ...

Core Insights - Fidelity National Information Services (FIS) is anticipated to report a year-over-year increase in earnings driven by higher revenues for the quarter ended March 2025 [1] - The consensus EPS estimate for FIS is $1.20 per share, reflecting a +9.1% change year-over-year, with expected revenues of $2.51 billion, up 1.9% from the previous year [3] - The company has a positive Earnings ESP of +0.88%, indicating a likelihood of beating the consensus EPS estimate, supported by a Zacks Rank of 2 [11] Earnings Estimates and Trends - The consensus EPS estimate for FIS has been revised 0.14% higher in the last 30 days, indicating a bullish sentiment among analysts [4] - The Most Accurate Estimate for FIS is higher than the Zacks Consensus Estimate, suggesting improved earnings prospects [10] - FIS has consistently beaten consensus EPS estimates in the past four quarters, with a surprise of +3.70% in the last reported quarter [12][13] Comparison with Industry Peers - MasterCard is expected to report an EPS of $3.57 for the same quarter, representing a +7.9% year-over-year change, with revenues projected at $7.13 billion, up 12.2% [17] - MasterCard's consensus EPS estimate has been revised 0.1% lower, resulting in a negative Earnings ESP of -0.05%, making it challenging to predict a beat on the consensus EPS estimate [18]

Company Overview - Fidelity National Information Services (FIS) shares increased by 8.7% to close at $74.58, following a notable trading volume that exceeded typical levels, contrasting with a 7.7% loss over the previous four weeks [1][2] Strategic Moves - FIS announced a significant strategic decision to sell its remaining stake in Worldpay to Global Payments for $6.6 billion while acquiring Global Payments' Issuer Solutions business for $13.5 billion, which investors view as a smart realignment to enhance FIS's core banking technology capabilities [2] Earnings Expectations - FIS is projected to report quarterly earnings of $1.20 per share, reflecting a year-over-year increase of 9.1%, with expected revenues of $2.5 billion, up 1.4% from the same quarter last year [3] Earnings Estimate Revisions - The consensus EPS estimate for FIS has been slightly revised higher over the past 30 days, indicating a positive trend that typically correlates with stock price appreciation, suggesting potential for further strength in the stock [4] Industry Context - FIS is part of the Zacks Financial Transaction Services industry, where Global Payments (GPN) experienced a 17.4% decline to $69.46, with a return of -14.3% over the past month, contrasting with FIS's recent performance [4]

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score emphasizes finding undervalued stocks using financial ratios [3] - Growth Score focuses on a company's financial health and future growth potential [4] - Momentum Score capitalizes on existing price trends to identify favorable investment opportunities [5] - VGM Score combines all three styles to provide a comprehensive assessment of stocks [6] Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investment decisions [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [8] - A large pool of stocks is available, with over 800 top-rated options, making it essential to use Style Scores to refine selections [9] Stock Highlight: Fidelity National Information Services (FIS) - FIS is rated 2 (Buy) on the Zacks Rank and has a VGM Score of B, indicating strong potential [12] - The company has a forward P/E ratio of 12.21, making it attractive for value investors [12] - Recent upward revisions in earnings estimates suggest positive momentum, with the Zacks Consensus Estimate increasing to $5.74 per share [12] - FIS has demonstrated an average earnings surprise of 9.4%, further supporting its investment appeal [12][13]

Core Insights - Fidelity National Information Services (FIS) is well-positioned to continue its earnings-beat streak in upcoming reports, with a history of surpassing earnings estimates, particularly in the last two quarters, averaging a surprise of 6.12% [1] Earnings Performance - For the most recent quarter, Fidelity National reported earnings of $1.40 per share, exceeding the expected $1.35 per share, resulting in a surprise of 3.70%. In the previous quarter, the company also surpassed expectations, reporting $1.40 per share against a consensus estimate of $1.29 per share, achieving a surprise of 8.53% [2] Earnings Estimates and Predictions - Estimates for Fidelity National have been trending higher, supported by its history of earnings surprises. The stock has a positive Zacks Earnings ESP of +2.06%, indicating that analysts have recently become more optimistic about the company's earnings prospects [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong likelihood of another earnings beat, with research indicating that stocks with this combination beat consensus estimates nearly 70% of the time [6][8] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions. This metric is crucial for predicting earnings performance, as it incorporates the most current information available [7] Importance of Earnings ESP - While many companies may beat consensus EPS estimates, this alone does not guarantee stock price increases. Therefore, it is essential to check a company's Earnings ESP prior to quarterly releases to enhance the chances of successful investment decisions [9]