Fidelity National Information Services (FIS) reported
full-year 2024 results and
Q4 2024 earnings, drawing attention to its
strong EPS despite missing some expectations. The company's
2025 outlook showcased an expected acceleration of momentum, however, some found it disappointing leading to a slump in stock. A notable development was the acquisition of
Demica and Dragonfly. Even as the companyβs
profit forecast fell short leading to a hit in shares, several companies increased their stock positions including
QRG Capital Management and Ieq Capital. It's worth noting that the firmβs shares are near a capital market acquisition.
FIS's President and CEO, Stephanie Ferris, was named among the top 50 women transforming business in 2025 by CNBC. Despite the
revenue miss in Q4 and a drop in 2025 guidance, FIS managed to launch its new revenue insight solution and has been named a leader in IDC MarketScape for AR enterprise automation applications.
A low-key price target set at $87.36 suggests a cautious outlook.
Fidelity National Information Services FIS News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 01 Mar 2025 16:59:02 GMT -
Rating -2
- Innovation 6
- Information 7
- Rumor 2