Market Overview

Fidelity National: Q3 Earnings Insights

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Shares of Fidelity National Info (NYSE:FIS) decreased 0.3% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 0.70% year over year to $1.42, which beat the estimate of $1.41.

Revenue of $3,197,000,000 rose by 13.29% from the same period last year, which beat the estimate of $3,170,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Fidelity National Info hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Oct 29, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/6yavmdy4

Price Action

Company's 52-week high was at $158.21

Company's 52-week low was at $91.68

Price action over last quarter: down 9.55%

Company Profile

Fidelity National Information Services' legacy operations provide core and payment processing services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue was generated outside North America in 2019.

 

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Posted-In: Earnings News