Fiserv(FI) ZACKS·2024-10-15 15:06Earnings Expectations - The market expects Fiserv to report a year-over-year increase in earnings and revenues for the quarter ended September 2024 [1] - The consensus estimate for quarterly earnings is 4.91 billion, up 6.3% from the year-ago quarter [3] Earnings Report Impact - The earnings report, expected on October 22, 2024, could influence the stock price based on whether results meet or exceed expectations [2] - A positive earnings surprise could drive the stock higher, while a miss could lead to a decline [2] - The sustainability of price changes will depend on management's discussion of business conditions during the earnings call [2] Estimate Revisions and Earnings ESP - The consensus EPS estimate has been revised 0.12% higher over the last 30 days [4] - Fiserv's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.12% [10] - The stock currently carries a Zacks Rank of 2, indicating a strong likelihood of beating the consensus EPS estimate [10] Historical Performance - Fiserv has consistently beaten consensus EPS estimates over the last four quarters [12] - In the last reported quarter, Fiserv delivered a positive earnings surprise of +1.91% [11] Earnings Surprise Predictions - A positive Earnings ESP combined with a favorable Zacks Rank increases the likelihood of an earnings beat [8] - Stocks with this combination produce a positive surprise nearly 70% of the time [8] - Fiserv appears to be a compelling earnings-beat candidate based on current estimates and historical performance [15]