Zacks Rank & Price Performance Rising Estimates Fidelity National is benefiting from strong recurring revenue growth across all its segments. Acceleration in new sales and focus on high-growth areas should continue to fuel top-line growth in the Banking Segment. The company expects banking-adjusted revenues to grow between 3% and 3.5% in 2024. Moreover, the recent banking uncertainty is boding well for FIS, leading to growth in accounts on file serviced on its platforms and, hence, rising banking revenues. ...

Fidelity National Beats Q1 Earnings on Margin Expansion Fidelity National reported first-quarter 2024 adjusted EPS of $1.10, which beat the Zacks Consensus Estimate by 14.6%. However, the bottom line declined 14.7% year over year. A month has gone by since the last earnings report for Fidelity National Information Services (FIS) . Shares have added about 2.4% in that time frame, outperforming the S&P 500. Revenues dipped 29.6% year over year to $2.5 billion. However, the top line beat the consensus mark of ...

Fidelity National Information Services, Inc. (FIS) recently announced the launch of FIS Digital One Flex Mobile 6.0, an upgraded version of its mobile banking application for its financial institution customers. This move is aimed at catering to the growing demand for mobile banking services for customer interactions with the bank. Per American Bankers Association, almost 50% of users in the United States use mobile applications for banking. Gen Z and Millennial customers are at the forefront of driving thi ...

Fidelity National — with a market cap of $42.5 billion — provides banking and payments technology solutions, processing services and information-based services to the financial services industry. Courtesy of solid prospects, this stock is worth investing in at the moment. Zacks Rank & Price Performance Fidelity National Information Services, Inc. (FIS) is well-poised to grow on the back of its Future Forward initiative, cross-selling efforts, vertical expansion and margin expansion. Thegrowing global e-comm ...

Shares of fintech firm Fidelity National Information Services Inc (NYSE:FIS) are trading at their highest level since February 2023 following a post-earnings gap higher on the charts. The equity also reclaimed support from its 50-day moving average after earnings, though the $76 level kept a lid on further gains. However, a "buy" signal is flashing that could keep the wind at the stock's back.  Specifically, FIS' Schaeffer's Volatility Index (SVI) of 22% is higher than just 4% of the other readings from the ...

Fidelity National Information Services, Inc. (FIS) shares gained 5.5% since it reported first-quarter 2024 results on May 6, 2024. Upward revision in adjusted earnings per share (EPS) guidance, along with favorable EBITDA margin expansion, might have buoyed investor confidence in the stock. The first-quarter earnings benefited from strong recurring revenue growth in both the segments and strong new sales growth. However, negative professional services revenue growth in both segments and a less favorable rev ...

Fidelity National Information Services (FIS) reported $2.47 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 29.7%. EPS of $1.10 for the same period compares to $1.29 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.45 billion, representing a surprise of +0.85%. The company delivered an EPS surprise of +14.58%, with the consensus EPS estimate being $0.96.While investors closely watch year-over-year changes in headline numbers -- reve ...

Unlocking Financial Technology To The World 11 Opening Remarks Our discussions today, including this presentation and any comments made by management, contain "forward-looking statement within the meaning of the U.S. federal securities laws. Any statements that refer to future events or circumstances, including our future strategies or results, or that are not historical facts, are forward-looking statements. Actual results could differ materially fr those projected in forward-looking statements due to a va ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q _______________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-16427 _______________________________________________ Fidelity National Info ...

Fidelity National Information Services, Inc. (NYSE:FIS) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants George Mihalos - Head of Investor Relations Stephanie Ferris - President and Chief Executive Officer James Kehoe - Chief Financial Officer Conference Call Participants Operator Good day. Thank you for standing by and welcome to the FIS First Quarter 2024 Earnings Conference Call. All participants are in a listen-only mode. Please note there will be no Q&A following the speaker ...