Fiserv FISV announces its next round of earnings this Tuesday, July 27. Here is Benzinga's everything-that-matters guide for this Tuesday's Q2 earnings announcement.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Analysts expect Fiserv earnings of $1.28 per share. Revenue will likely be around $3.72 billion, according to the consensus estimate. Fiserv reported a profit of $0.93 per share when it published results during the same quarter last year. Sales in that period totaled $3.46 billion.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
If the company were to report earnings in line when it publishes results Tuesday, quarterly profit would be up 37.63%. Sales would be have grown 7.36% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.13 | 1.29 | 1.16 | 0.93 |
| EPS Actual | 1.17 | 1.30 | 1.20 | 0.93 |
| Revenue Estimate | 3.57 B | 3.73 B | 3.58 B | 3.32 B |
| Revenue Actual | 3.75 B | 3.83 B | 3.79 B | 3.46 B |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
For a full 12 months, the return has risen by 11.45%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. Fiserv is scheduled to hold the call at 08:00:00 ET and can be accessed here.
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