Fidelity National Information Services (FIS) has shown solid performance with both Q1 and Q2 earnings and revenue estimates being topped. The company even announced an increase in its Q2 2024 EPS estimates due to strong research by Zacks. This has drawn new investments from firms like the Mather Group LLC, Fulton Bank N.A, and Optimum Investment Advisors. However, some caution is advised as FIS underperformed its competitors on some trading days. FIS has been making corporate movements including abandoning a Worldpay spin and CEO Stephanie Ferris being named among the most influential women in fintech for two consecutive years (2024). Despite a 24% rise in stock Q1, the past three years have not been favorable to shareholders with a significant red margin noted. The FIS stock witnessed a robust trading day and even exceeded first-quarter earnings in 2024. The company has reported a 3% revenue increase in Q3 2024. FIS builds a relation with a favorable outlook for 2024 and announces intended upsizing of its senior note tender offers and remarkable adjustment of future expectations.
Fidelity National Information Services FIS News Analytics from Tue, 15 Aug 2023 07:00:00 GMT to Sun, 23 Jun 2024 18:51:39 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor -1
