Fidelity National Information Servcs (FIS) Scheduled to Post Quarterly Earnings on Monday

Fidelity National Information Servcs (NYSE:FIS) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, February 5th.

Fidelity National Information Servcs (NYSE:FIS) last posted its quarterly earnings data on Tuesday, October 31st. The information technology services provider reported $1.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.06 by $0.12. Fidelity National Information Servcs had a net margin of 5.82% and a return on equity of 14.05%. The business had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the previous year, the firm posted $1.00 earnings per share. The business’s revenue for the quarter was down 4.8% compared to the same quarter last year. On average, analysts expect Fidelity National Information Servcs to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of Fidelity National Information Servcs (NYSE FIS) opened at $102.88 on Monday. Fidelity National Information Servcs has a one year low of $75.52 and a one year high of $103.07. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.87. The company has a market cap of $34,350.00, a price-to-earnings ratio of 63.90, a PEG ratio of 1.74 and a beta of 0.88.

In other Fidelity National Information Servcs news, Director Stephan A. James sold 3,600 shares of Fidelity National Information Servcs stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $94.87, for a total value of $341,532.00. Following the completion of the transaction, the director now owns 29,498 shares of the company’s stock, valued at $2,798,475.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David K. Hunt sold 17,000 shares of Fidelity National Information Servcs stock in a transaction on Friday, December 15th. The shares were sold at an average price of $94.53, for a total transaction of $1,607,010.00. Following the completion of the transaction, the director now directly owns 19,154 shares of the company’s stock, valued at approximately $1,810,627.62. The disclosure for this sale can be found here. Insiders have sold 87,633 shares of company stock valued at $8,146,090 over the last 90 days. 2.66% of the stock is currently owned by insiders.

FIS has been the subject of several research reports. Robert W. Baird reiterated an “outperform” rating and set a $108.00 price objective (up from $102.00) on shares of Fidelity National Information Servcs in a research note on Tuesday, October 10th. JPMorgan Chase & Co. lowered their price objective on shares of Fidelity National Information Servcs from $106.00 to $103.00 and set an “overweight” rating for the company in a research note on Wednesday, November 1st. Zacks Investment Research downgraded shares of Fidelity National Information Servcs from a “buy” rating to a “hold” rating in a research note on Monday, October 16th. Cantor Fitzgerald reiterated a “buy” rating and set a $108.00 price objective on shares of Fidelity National Information Servcs in a research note on Sunday, November 12th. Finally, KeyCorp reiterated a “buy” rating on shares of Fidelity National Information Servcs in a research note on Wednesday, November 1st. Five analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $100.00.

TRADEMARK VIOLATION WARNING: This piece was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another site, it was illegally copied and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this piece can be read at https://www.americanbankingnews.com/2018/01/29/fidelity-national-information-servcs-fis-scheduled-to-post-quarterly-earnings-on-monday.html.

About Fidelity National Information Servcs

Fidelity National Information Services, Inc (FIS) is a financial services technology company. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other. The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services.

Earnings History for Fidelity National Information Servcs (NYSE:FIS)

Receive News & Ratings for Fidelity National Information Servcs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity National Information Servcs and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply