Stock Track | Fiserv Plunges 7% in Pre-market on Q2 Earnings Miss, Weak FY Outlook

Stock Track

Aug 06

Shares of Fiserv Inc (FISV) tumbled 7.02% in pre-market trading on Thursday after the fintech company reported second-quarter results that fell short of analyst expectations and issued a disappointing full-year profit forecast.

The company posted adjusted earnings per share of $1.84 for the second quarter, missing the IBES consensus estimate of $1.91. Revenue came in at $5.29 billion, while net income was $630 million, or $1.17 per share on a GAAP basis.

However, the bigger concern for investors was Fiserv's forward guidance. The company provided a full-year adjusted EPS outlook of $7.20 to $7.40, which was significantly below the IBES estimate of $8.10, signaling a weaker-than-expected profit trajectory for the remainder of the year.

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The company provided a full-year adjusted EPS outlook of $7.20 to $7.40, which was significantly below the IBES estimate of $8.10, signaling a weaker-than-expected profit trajectory for the remainder of the year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FISV","symbol_name":"费哲金融服务","start_time":0,"source_url":"","article_id":"1170566889","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170566889","pubTimestamp":1786014156,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Fiserv Inc (FISV) tumbled 7.02% in pre-market trading on Thursday after the fintech company reported second-quarter results that fell short of analyst expectations and issued a...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FISV":"费哲金融服务"},"translate_title":"股票跟踪 | 由于第二季度盈利未达预期和财年前景疲软，Fiserv 盘前暴跌 7%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FISV":1},"content_text":"Shares of Fiserv Inc (FISV) tumbled 7.02% in pre-market trading on Thursday after the fintech company reported second-quarter results that fell short of analyst expectations and issued a disappointing full-year profit forecast.The company posted adjusted earnings per share of $1.84 for the second quarter, missing the IBES consensus estimate of $1.91. 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