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JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Fidelity National Information Services Inc. (FIS) on Thursday reported first-quarter earnings of $140 million.
On a per-share basis, the Jacksonville, Florida-based company said it had profit of 24 cents. Earnings, adjusted for one-time gains and costs, came to $1.29 per share.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The banking and payment technologies company posted revenue of $3.51 billion in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $3.4 billion.
For the current quarter ending in June, Fidelity National expects its per-share earnings to range from $1.45 to $1.50. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.08.
The company said it expects revenue in the range of $3.68 billion to $3.73 billion for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $3.81 billion.
Fidelity National expects full-year earnings in the range of $5.76 to $6.06 per share, with revenue ranging from $14.29 billion to $14.54 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a FIS">Zacks stock report on FIS at https://www.zacks.com/ap/FIS