-=Fiserv (FISV) reported earnings on Wed 27 Oct 21 (b/o)

• Effective June 07, 2023, Fiserv, Inc. transferred its stock exchange listing from the Nasdaq Global Market to the New York Stock Exchange, and changed its ticker symbol from to FI from FISV.
 

Fiserv beats by $0.02, beats on revs; guides FY21 EPS in-line

• Reports Q3 (Sep) earnings of $1.47 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of $1.45; revenues rose 10.0% year/year to $4.16 bln vs the $4.1 bln S&P Capital IQ Consensus.
• Free cash flow was $2.29 billion in the first nine months of 2021 compared to $2.59 billion in the prior year period.
• Co issues in-line guidance for FY21, sees EPS of $5.55-$5.60 vs. $5.56 S&P Capital IQ Consensus. Sees internal revenue growth of 11%.

Earnings this week : Oct 25 - 29, 2021 (wk 43)

 

Monday, October 25: Kimberly-Clark (NYSE:KMB), Facebook (FB) and Universal Health (NYSE:UHS).

Tuesday, October 26: UPS (NYSE:UPS), General Electric (NYSE:GE), Lockheed Martin (NYSE:LMT), Alphabet (GOOG), Microsoft (MSFT), Twitter (NYSE:TWTR), F5 Networks (NASDAQ:FFIV), Hasbro (NASDAQ:HAS), Visa (NYSE:V), Robinhood Markets (NASDAQ:HOOD) and AMD (NASDAQ:AMD).

Wednesday, October 27: FISV, Boeing (NYSE:BA), Coca-Cola (NYSE:KO), Kraft-Heinz (NASDAQ:KHC), McDonald's (NYSE:MCD), eBay (NASDAQ:EBAY), Ford (NYSE:F) and General Motors (NYSE:GM).

• Afternoon: AFL AEM AGI ALGN ALGT ALSN NLY AM AR ACGL ASGN AZPN AVB AXS NTB BHE BMRN BOOT BCOV CACI CG CCS CHX CHDN CINF CNO CDE CTSH FIX CYH CNMD CLB CONE DRE EBAY EW ESI EHC ENSG EQT EQC ETD RE EVTC EXR FLEX FLS F FORM FWRD GSHD THG PI NGVT ISBC INVH IRBT JBT KRC KLAC KN LC MXL MTH MEOH MAA MKSI MC MOH MSA MUSA MYRG NTGR NDLS ORLY OII PGRE PEGA PDM PPC PLXS PPD RJF SIGI SCI NOW SIMO SNBR SSB SAVE SRI TDOC TROX TTMI TWLO TYL UCTT URI UPWK VICI WCN WOLF WH XLNX YUMC

Thursday, October 28: Anheuser-Busch InBev (NYSE:BUD), Caterpillar (NYSE:CAT), Merck (NYSE:MRK), MasterCard (NYSE:MA), Apple (AAPL), Atlassian (NASDAQ:TEAM), Amazon (AMZN), Altria Group (NYSE:MO), Hershey (NYSE:HSY), Comcast (NASDAQ:CMCSA), Keurig Dr Pepper (NASDAQ:KDP) and Starbucks (NASDAQ:SBUX).

• Morning: FLWS AOS ABMD AGCO ATI ALGM ADS AB ALNY MO AEP AMT BUD AVNT BAX BPMC BC CRS CARR CAT CBZ CBRE CHKP CLVT CMS CNX COLB CMCO CMCSA COR CFR DBD EXP EME FCN THRM GPI HSY HBAN IDA ITW IMAX INSM ITGR ICE JHG KBR KDP KEX LH TREE LECO LIN LKQ MA MDC MPW MD MRK MDP TAP MCO COOP NEM NLSN NOC NVCR NVT OSK OSIS OSTK PATK PTEN PBF BTU PRFT PRLB PACK RLGY RS RGEN RDS.A SAIA SNY SNDR SHOP SIRI SWI SAH SMP SWK STM TROW TFX TPX TXT TW TRS VLY VC WST WEX WLTW WNS XEL YUM
• Afternoon: ACHC AMZN ABCB AAPL ATR AJG TEAM AVTR AVT AX BIO CPT CDNA CWST CHE COHU COLM OFC CUZ DVA DECK DXCM DRQ EMN EIG ENVA EXPO FHI FE FTV FTAI FTDR GLPI GILD LOPE HIG HTGC HTH HUBG KMPR KNSL LMAT LPLA LTC MGRC MERC MMSI MSTR MHK MPWR NATI NXGN OPK PEB POLY POWI PTCT RNST RSG RMD SGEN SPNE SKX SKYW SM SPSC SSNC STAG SBUX SYK TEX TXRH X VRSN VCRA WRE WERN WDC AUY ZEN

Friday, October 29: Exxon Mobil (NYSE:XOM), AbbVie (NYSE:ABBV), Church & Dwight (NYSE:CHD), Chevron (NYSE:CVX), Colgate-Palmolive (NYSE:CL) and L3Harris Technologies (NYSE:LHX).

• Morning: ABBV AON ABR B BAH CCJ CRI CBOE CERN CHTR CVX CHD CL XOM FTS GWW HUN IMGN IMO LAZ LYB NWL PSX PSXP PNM POR PFS RCL SJR SHLX SLCA WPC WY WETF

=First Data (FDC) to be acquired by Fiserv Inc. (FISV) for approx. $22.74/share

• update Jul-29-19 Fiserv, First Data complete $22B merger

Fiserv Inc. (FISV) said Wednesday it has reached an agreement to acquire First Data Corp. (FDC) in an all-stock deal with an equity value of $22 billion that will create a company will a strong footing in payment systems and fintech.

Fiserv will pay 0.303 Fiserv shares for each First Data share owned, equal to $22.74, or a 29% premium over the five-day volume weighted average price as of Jan. 15. Fiserv shareholders will own 57.5% of the combined entity, while First Data shareholders will own the remaining 42.5%. The deal is expected to boost adjusted per-share earnings by more than 20% in the first full year after close. It is expected to generate at least $500 million of revenue synergies over a five-year period and to create $900 million of run-rate cost synergy savings, mostly due to the elimination of corporate structures. The deal is expected to close in the first half. The combination "will offer leading technology capabilities that enable a range of payments and financial services, including account processing and digital banking solutions; card issuer processing and network services; e-commerce; integrated payments; and the Clover(TM) cloud-based point-of-sale solution," the companies said in a statement. Fiserv shares fell about 8% premarket on the news, while First Data shares soared 16.9%.

-=Fiserv (FISV) reported earnings on Wed 7 Feb 2018 (a/h)

Fiserv beats by $0.03, reports revs in-line; guides FY18 EPS above consensus

• Reports Q4 (Dec) earnings of $1.41 per share, $0.03 better than the Capital IQ Consensus of $1.38; revenues rose 5.9% year/year to $1.52 bln vs the $1.51 bln Capital IQ Consensus.
  • Operating margin was 28.1% in the fourth quarter of 2017 and 26.9% for the full year, increasing 200 basis points and 70 basis points, respectively, compared to the prior year periods
• Co issues upside guidance for FY18, sees EPS of $6.05 to $6.30 vs. $5.85 Capital IQ Consensus Estimate.

=Fiserv (FISV) reported earnings on Tue 31 Oct 2017 (a/h)

Fiserv misses by $0.04, misses on revs; guides FY17 EPS in-line 

• Reports Q3 (Sep) earnings of $1.27 per share, excluding non-recurring items, $0.04 worse thanthe Capital IQ Consensus of $1.31; revenues rose 1.4% year/year to $1.4 bln vs the $1.45 bln Capital IQ Consensus.
• "Fiserv continued to execute well, delivering double-digit adjusted earnings per share growth despite pressure from lower periodic revenue in the quarter," said Jeffery Yabuki, President and Chief Executive Officer of Fiserv. "Sales were solid in the quarter, providing momentum for a strong close to the year."
• Co issues in-line guidancefor FY17, sees EPS of $5.05-$5.12, excluding non-recurring items, vs. $5.10 Capital IQ Consensus Estimate. For the full year, Fiserv expects internal revenue growth of 4 percent.