Recap: Fiserv Q3 Earnings

Shares of Fiserv FISV increased 5.74% after the company reported Q3 results.

Quarterly Results

Earnings per share rose 17.65% over the past year to $1.20, which beat the estimate of $1.16.

Revenue of $3,590,000,000 rose by 14.77% from the same period last year, which beat the estimate of $3,580,000,000.

Outlook

Fiserv Sees FY20 Adj. EPS Growth Of At Least 11% YoY

How To Listen To The Conference Call

Date: Oct 27, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/x62s36gv

Price Action

Company's 52-week high was at $125.05

52-week low: $73.50

Price action over last quarter: down 5.54%

Company Profile

Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for U.S. banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv now provides payment processing services for merchants. In 2019, a little over 10% of the company's revenue was generated internationally.