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Fidelity National Information Services FIS - News Analyzed: 5,343 - Last Week: 100 - Last Month: 397

β‡— FIS Earnings Expectations Rise as Fintech Firm Continues Innovation Drive

FIS Earnings Expectations Rise as Fintech Firm Continues Innovation Drive
Fidelity National Information Services (FIS) is set to release its earnings, with expectations of growth. Wall Street's stance towards FIS stock remains a subject of debate. FIS has faced a hiccup with an outage entangled with Capital One, but it continues to receive accolades, including from Chartis Research for its lending and credit risk solutions. Discussions are underway regarding a potential capital markets acquisition. Notably, FIS has also launched its new Revenue Insight Solution aimed at transforming accounts receivable management and optimizing collection. A strong Q3 2024 performance has led to raised full-year outlook. However, this is juxtaposed with FIS holding a lower stock rating by Raymond James. Dividend payouts to shareholders are also expected to be larger than the previous year, and various investment firms have bought significant shares of FIS. The fintech company is expected to see sustained growth in its banking sector, and it continues to score high on innovation and functionality in payment hubs reports. FIS has also abandoned the idea of a Worldpay spin. The fintech firm embarks on a significant partnership with Oracle aimed at transforming utility payments and targeting a $58B market opportunity.

Fidelity National Information Services FIS News Analytics from Thu, 28 Mar 2024 07:00:00 GMT to Fri, 07 Feb 2025 15:21:00 GMT - Rating 5 - Innovation 6 - Information 8 - Rumor -2

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