Fiserv (NASDAQ:FISV) is set to post its quarterly earnings results after the market closes on Wednesday, October 31st. Analysts expect Fiserv to post earnings of $0.77 per share for the quarter.
Fiserv (NASDAQ:FISV) last posted its quarterly earnings data on Tuesday, July 31st. The business services provider reported $0.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.01. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.42 billion. Fiserv had a net margin of 25.14% and a return on equity of 44.25%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the business posted $0.57 EPS. On average, analysts expect Fiserv to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NASDAQ:FISV opened at $77.18 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $31.54 billion, a price-to-earnings ratio of 30.15, a PEG ratio of 2.16 and a beta of 0.79. Fiserv has a 52 week low of $60.19 and a 52 week high of $82.79.
In other news, insider Jeffery W. Yabuki sold 50,000 shares of the stock in a transaction that occurred on Wednesday, September 19th. The shares were sold at an average price of $79.72, for a total transaction of $3,986,000.00. Following the completion of the transaction, the insider now directly owns 418,380 shares of the company’s stock, valued at approximately $33,353,253.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 150,000 shares of company stock valued at $11,864,000 over the last three months. Insiders own 1.70% of the company’s stock.
Fiserv Company Profile
Fiserv, Inc, together with its subsidiaries, provides financial services technology worldwide. The company's Payments and Industry Products segment provides electronic bill payment and presentment services; mobile banking software and services; account-to-account transfers; person-to-person payment services; debit and credit card processing and services; payments infrastructure services; and other electronic payments software and services.
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