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Fiserv Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. Fiserv Revenue Beats in Q3

On Wednesday, Fiserv (NASDAQ) reported that the third quarter beat analyst forecasts. The company also posted a record revenue.

Fiserv reported earnings per share at $1.47 for revenue of $4.16B. Investing.com polled analysts and predicted EPS at $1.45 for revenue of $4.16B.

Fiserv shares have fallen 1% since the start of the year. However, they are still 13.74% below their 52-week high of $127.33, which was set on April 26. They are under-performing the S&P 500 which is up 21.8% from the start of the year.

Fiserv shares fell 0.76% after the report.

Fiserv reports on other notable earnings from the Information Technology industry this month

Fiserv’s earnings report comes after Microsoft beat them on Tuesday. Microsoft reported EPS at $2.27 per share on $45.32B in revenue, while forecasts were for EPS at $2.07 on $43.93B.

IBM met expectations with October 20, 2016, third quarter earnings per share (EPS) of $2.52 on $17.62B in revenue, as compared to the forecast of EPS at $2.52 for $17.79B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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