Fidelity National Information Services (FIS) Posts Quarterly Earnings, Beats Expectations By $0.03 EPS
Fidelity National Information Services (NYSE:FIS) issued its quarterly earnings data on Tuesday. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.71 by $0.03, Analyst Ratings News reports. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the company posted $0.63 earnings per share. The company’s quarterly revenue was up 4.5% on a year-over-year basis. Fidelity National Information Services updated its FY13 guidance to $2.80-2.87 EPS.
A number of analysts have recently weighed in on FIS shares. Analysts at RBC Capital reiterated a “hold” rating on shares of Fidelity National Information Services in a research note to investors on Wednesday, October 16th. They now have a $17.00 price target on the stock. On a related note, analysts at Oppenheimer raised their price target on shares of Fidelity National Information Services from $47.00 to $53.00 in a research note to investors on Wednesday, October 16th. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Fidelity National Information Services in a research note to investors on Tuesday, October 8th. They now have a $48.00 price target on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $44.50.
Shares of Fidelity National Information Services (NYSE:FIS) opened at 46.94 on Tuesday. Fidelity National Information Services has a 52-week low of $30.76 and a 52-week high of $47.73. The stock has a 50-day moving average of $45.4 and a 200-day moving average of $42.86. The company has a market cap of $13.712 billion and a price-to-earnings ratio of 29.36.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 30th. Stockholders of record on Monday, December 16th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend is Thursday, December 12th.
Fidelity National Information Services, Inc (NYSE:FIS) is a global provider of banking and payments technologies.
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