Fiserv: Q1 Earnings Snapshot
By AP News
Published - Apr 23, 2024, 07:15 AM ET
Last Updated - Apr 23, 2024, 07:15 AM EDT
BROOKFIELD, Wis. (AP) — BROOKFIELD, Wis. (AP) — Fiserv Inc. (FI) on Tuesday reported first-quarter net income of $735 million.
The Brookfield, Wisconsin-based company said it had profit of $1.24 per share. Earnings, adjusted for one-time gains and costs, came to $1.88 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.
The financial services technology company posted revenue of $4.88 billion in the period. Its adjusted revenue was $4.54 billion, missing Street forecasts. Eleven analysts surveyed by Zacks expected $4.56 billion.
