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Fidelity National Information Services beats Q3 estimates, raises outlook By Investing.com

by Investing.com
November 4, 2024
in Stock Market
Reading Time: 1 min read
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NEW YORK – Constancy Nationwide Data Companies, Inc. (NYSE:FIS) reported third-quarter earnings that surpassed analyst expectations and raised its full-year steering, sending shares up 0.98% in response.

The monetary know-how providers supplier posted adjusted earnings per share of $1.40 for the quarter, beating the analyst estimate of $1.29 by $0.11. Income got here in at $2.57 billion, barely above the consensus estimate of $2.56 billion.

Trying forward, Constancy Nationwide Data Companies raised its full-year 2024 outlook. The corporate now expects adjusted earnings per share between $5.15 and $5.20, up from the analyst consensus of $5.13. Income steering for fiscal yr 2024 was set at $10.14 billion to $10.17 billion, consistent with the consensus estimate of $10.151 billion.

“Our robust third-quarter outcomes exhibit the continued execution of our strategic initiatives,” stated CEO James Woodall. “The raised steering displays our confidence within the enterprise and our potential to ship sustainable progress.”

This text was generated with the assist of AI and reviewed by an editor. For extra info see our T&C.





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