Investors eagerly await Fiserv’s upcoming earnings report, set to be released on February 6, 2024. Fiserv, a leading financial technology company, has demonstrated a strong earnings track record and is expected to continue its growth trajectory.
- Fiserv is scheduled to release its fourth-quarter 2023 earnings on February 6, 2024.
- The consensus estimate for the upcoming earnings report is an EPS of $2.15, representing a year-over-year increase of 12.6%.
- Fiserv has a decent earnings surprise history, beating the Zacks Consensus Estimate in two of the four trailing quarters.
- Analysts expect Fiserv to report strong revenue growth, with a consensus estimate of $4.69 billion for the fourth quarter of 2023.
- Other stocks to consider in the Business Services sector include Gartner (IT) and Rollins (ROL), both known for beating earnings expectations.
Fiserv Earnings Surprise History
In the past four quarters, Fiserv has demonstrated a strong track record of exceeding the Zacks Consensus Estimate in two quarters and meeting expectations in the other two. With an average earnings surprise of 1.03%, Fiserv has consistently outperformed market expectations. This earning surprise history suggests that the company has the potential to continue exceeding expectations in future earnings reports.
Fiserv’s ability to consistently surpass earnings expectations underscores its solid financial performance and management’s effective execution of its business strategy. Investors and analysts will closely monitor Fiserv’s upcoming earnings report to assess the company’s continued growth and profitability.
Below is a summarized table illustrating Fiserv’s earnings surprise in the past four quarters:
|Earnings Surprise (%)
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As seen in the table, Fiserv has consistently outperformed in two out of the four quarters, with an average earnings surprise of 1.03%. This data reinforces the company’s strong financial performance and its potential for growth.
What Drives Fiserv’s Earnings Surprise?
Several factors contribute to Fiserv’s ability to consistently surpass earnings expectations. These include:
- Strong revenue growth: Fiserv has been experiencing robust revenue growth due to its diverse product portfolio and solid customer base.
- Effective cost management: The company’s commitment to efficient cost management helps drive higher profitability.
- Ongoing innovation: Fiserv continuously invests in research and development to stay ahead of industry trends and offer innovative solutions to its clients.
- Market leadership: Fiserv’s position as a leader in the financial services industry allows it to capitalize on market opportunities and drive sustainable growth.
These factors, combined with the company’s strong financial performance, position Fiserv for continued success and the potential to exceed earnings expectations in future quarters.
Fiserv Q4 2023 Expectations
Analysts are anticipating a strong fourth quarter for Fiserv in 2023, with expectations of robust growth in revenue and earnings. The consensus estimate for the company’s revenue is $4.69 billion, reflecting a 7.5% increase compared to the previous year. This growth can be attributed to Fiserv’s industry-leading distribution network and a strong customer base.
In terms of earnings per share (EPS), the estimated figure for the quarter is $2.15. This represents a year-over-year increase of 12.6%, showcasing Fiserv’s consistent performance and potential for sustained profitability. The company’s ability to deliver innovative financial technology solutions and maintain a competitive edge in the market further contributes to these positive expectations.
To visualize the expected revenue and EPS for Fiserv’s fourth quarter in 2023, refer to the table below:
Fiserv Q4 2023 Revenue and EPS Estimates
|Revenue (in billions)
These estimates indicate positive growth potential for Fiserv in the upcoming earnings report, solidifying its position as a leading player in the financial services industry.
Fiserv Segmental Expectations
When analyzing Fiserv’s upcoming earnings report, it’s essential to consider the segmental expectations. This provides insights into the performance of different revenue streams within the company.
Fiserv operates in several revenue segments, each contributing to its overall financial performance. Let’s take a closer look at the segmental expectations for the fourth quarter of 2023:
|Revenue (in billions)
|Processing and Services
|Increase by 5.9%
|Increase by 0.5%
|Payment and Network
|Corporate and Other
Source: Fiserv FI earnings report
The largest segment, Processing and Services, is expected to generate revenues of approximately $3.98 billion, representing a 7.1% year-over-year increase. The Product segment is estimated to contribute $905.9 million. Both Merchant Acceptance and Financial Technology are projected to show moderate growth, with expected increases of 5.9% and 0.5%, respectively.
It’s worth noting that the revenue figures for Payment and Network and Corporate and Other segments are currently unavailable. However, these segments are also expected to demonstrate positive year-over-year growth, contributing to Fiserv’s overall revenue performance.
By examining the segmental expectations, investors can gain deeper insights into the various aspects of Fiserv’s business operations, allowing for a more comprehensive evaluation of the company’s financial performance.
- Fiserv’s revenue is divided into different segments, showcasing the company’s diversified sources of income.
- The Processing and Services segment is expected to be the largest contributor to Fiserv’s revenue, with an estimated growth rate of 7.1%.
- The Product segment is anticipated to generate revenue of $905.9 million.
- Moderate growth is projected for the Merchant Acceptance and Financial Technology segments, with increases of 5.9% and 0.5%, respectively.
- The Payment and Network and Corporate and Other segments are expected to show year-over-year growth, although specific figures are currently undisclosed.
Fiserv Earnings ESP and Zacks Rank
Fiserv currently has an Earnings ESP of +0.05% and a Zacks Rank of 2. This combination indicates a likely earnings beat for the company in its upcoming earnings report. Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have higher chances of beating earnings expectations. This suggests that Fiserv has favorable conditions to deliver positive earnings results.
To assess the potential impact of Fiserv’s earnings report, it is important to understand what Earnings ESP and Zacks Rank signify:
Earnings ESP, or Earnings Estimate Surprise Prediction, is a measure that indicates the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate. A positive Earnings ESP indicates that the Most Accurate Estimate is higher than the Consensus Estimate, suggesting that the company has a higher likelihood of reporting better-than-expected earnings.
Zacks Rank is a proprietary stock-rating system that ranks stocks based on their earnings estimate revisions. It ranges from 1 to 5, with 1 being the highest ranking. A Zacks Rank of 1, 2, or 3 is considered favorable, as it indicates positive earnings momentum and increasing analyst optimism.
By combining a positive Earnings ESP with a Zacks Rank of 1, 2, or 3, Fiserv demonstrates a strong potential for surpassing market expectations in its upcoming earnings report. Investors and analysts will be closely monitoring the company’s performance to evaluate its financial health and growth prospects.
Other Stocks to Consider
If you’re looking for other investment opportunities in the Business Services sector, besides Fiserv, there are two stocks worth considering: Gartner (IT) and Rollins (ROL).
Gartner, scheduled to release its fourth-quarter results on the same day as Fiserv, has a strong track record of beating the consensus estimate. As a leading research and advisory company, Gartner provides valuable insights and intelligence to businesses worldwide. With its expertise in technology and IT services, Gartner has positioned itself for continued growth and success.
Rollins is another stock to consider in the Business Services sector. This multinational consumer and commercial services company specializes in pest control and maintenance services. Rollins has shown consistent revenue growth and has a history of beating earnings expectations. With its strong market position and diverse customer base, Rollins is well-positioned for future success.
When considering investment opportunities, it’s essential to conduct thorough research and analysis. Evaluate each company’s financial performance, industry trends, and growth prospects to make informed investment decisions.
Fiserv Stock Performance
Investors are closely watching the performance of Fiserv stock (symbol: FI) as the company prepares to release its earnings report. As of the latest data, the stock is trading at $144.90, reflecting a positive momentum. Analysts have provided favorable scores in terms of value, growth, and momentum for Fiserv stock, indicating strong growth potential. Fiserv’s performance in the upcoming earnings report will be a significant factor for the stock’s future performance.
To gain a better understanding of Fiserv’s stock performance, let’s take a closer look at the key metrics:
|Favorable (Value, Growth, Momentum)
Table: Fiserv Stock Performance Metrics
The table above provides a snapshot of Fiserv’s stock price and analyst ratings. With a positive momentum and strong growth potential, Fiserv stock is poised for future success. Investors and traders should keep a close eye on the company’s earnings report to anticipate any potential impact on its stock performance.
Fiserv Earnings Date
Fiserv has confirmed that the next quarterly earnings report will be published on February 6, 2024. Investors and analysts will be eagerly awaiting the release of the financial results to assess the company’s performance and make informed investment decisions.
Fiserv Revenue and Profit
Fiserv, a leading financial technology company, has demonstrated impressive financial performance and profitability in recent years. With strong revenue and net income figures, the company continues to deliver value to its investors. Here are some key highlights:
- Annual Revenue: $383.42 million
- Net Income: $2.53 billion
- Earnings per Share (EPS) over the last four quarters: $4.78
These numbers showcase Fiserv’s robust financial position and its ability to generate consistent profits. The company’s dedication to innovation and customer-centric solutions has contributed to its success in the financial technology industry.
Fiserv Revenue and Profit Breakdown
|Amount (in billions)
|Earnings per Share (EPS)
As seen in the table above, Fiserv’s revenue stands at $383.42 billion, reflecting its strong market position and ability to attract and retain customers. The company’s net income, amounting to $2.53 billion, further emphasizes its profitability and financial stability. Additionally, the earnings per share (EPS) of $4.78 over the last four quarters indicates the company’s consistent ability to generate value for its shareholders.
Fiserv Price-to-Earnings Ratio
Fiserv’s price-to-earnings (P/E) ratio is an important metric for investors to consider when evaluating the company’s stock. The P/E ratio is calculated by dividing the current stock price by the earnings per share (EPS). It provides insight into the market’s perception of the stock’s value relative to its earnings.
Currently, Fiserv has a trailing P/E ratio of 30.31, indicating that investors are willing to pay $30.31 for every dollar of earnings generated by the company. The forward P/E ratio, which considers future earnings projections, stands at 19.35, suggesting a more favorable valuation compared to the trailing P/E ratio.
It’s worth noting that the P/E ratio alone does not provide a complete picture of a company’s valuation. To gain a more comprehensive understanding, investors can also consider the price/earnings-to-growth (PEG) ratio, which factors in earnings growth expectations.
Analysts forecast that Fiserv’s EPS will grow from $7.49 per share to $8.58 per share in the next year, representing a 14.55% increase in earnings. This growth expectation contributes to a PEG ratio of 1.17, suggesting that Fiserv’s stock may be trading at a reasonable valuation given its earnings growth prospects.
Overall, the price-to-earnings ratio provides investors with valuable insights into Fiserv’s stock valuation. However, it should be used in conjunction with other financial metrics to make informed investment decisions.
Fiserv Earnings Calendar
Stay up to date with the latest earnings announcements by using the Zacks Earnings Calendar. This invaluable tool provides investors with a comprehensive overview of earnings reports, allowing them to stay informed and make informed investment decisions.
With the Fiserv earnings calendar, you can easily track and analyze the earnings data of Fiserv and other companies. By keeping an eye on upcoming earnings reports, you can gain insights into the financial performance of Fiserv and make informed decisions about your portfolio.
Whether you are an individual investor or a financial professional, the Zacks Earnings Calendar is a valuable resource for staying ahead of the game. Don’t miss out on important earnings announcements – utilize the earnings calendar to stay informed and navigate the market with confidence.
When is Fiserv scheduled to release its earnings for the fourth quarter of 2023?
Fiserv is scheduled to release its fourth-quarter 2023 earnings on February 6, 2024.
What is Fiserv’s earnings surprise history?
Fiserv has beaten the Zacks Consensus Estimate in two of the four trailing quarters.
What are the expectations for Fiserv’s fourth-quarter 2023 earnings?
The consensus estimate for Fiserv’s upcoming earnings report is an EPS of $2.15, representing a year-over-year increase of 12.6%.
What are the segmental expectations for Fiserv’s fourth-quarter 2023 earnings?
For the fourth quarter of 2023, analysts predict that Fiserv’s Processing and Services revenues will be $3.98 billion, and product revenues are estimated to be $905.9 million.
What is Fiserv’s Earnings ESP and Zacks Rank?
Fiserv currently has an Earnings ESP of +0.05% and a Zacks Rank of 2, suggesting a likely earnings beat in its upcoming report.
Are there any other stocks to consider along with Fiserv?
Yes, Gartner (IT) and Rollins (ROL) are two stocks to consider, both with a history of beating earnings expectations.
What is the current performance of Fiserv stock?
Fiserv stock (FI) is currently trading at $144.90 with strong growth potential.
When will Fiserv publish its next quarterly earnings report?
Fiserv has confirmed that the next quarterly earnings report will be published on February 6, 2024.
What are Fiserv’s annual revenue and net income?
Fiserv recorded an annual revenue of $383.42 million and a net income of $2.53 billion.
What are Fiserv’s price-to-earnings ratios and EPS forecast?
Fiserv currently has a trailing P/E ratio of 30.31 and a forward P/E ratio of 19.35. Analysts forecast Fiserv’s EPS to grow from $7.49 per share to $8.58 per share in the next year, representing a 14.55% increase.
How can I stay informed about Fiserv’s upcoming earnings announcements?
You can stay informed about Fiserv’s upcoming earnings announcements and track earnings data for Fiserv and other companies by using the Zacks Earnings Calendar.
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