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Fidelity National Information Services (FIS) revealed a profit for its second quarter that increased from last year.


RTTNews | Aug 3, 2021 07:12AM EDT

07:12 Tuesday, August 3, 2021 (RTTNews.com) - Fidelity National Information Services (FIS) revealed a profit for its second quarter that increased from last year.

The company's earnings totaled $341 million, or $0.55 per share. This compares with $19 million, or $0.03 per share, in last year's second quarter.

Excluding items, Fidelity National Information Services reported adjusted earnings of $1.00 billion or $1.61 per share for the period.

Analysts had expected the company to earn $1.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.6% to $3.48 billion from $2.96 billion last year.

Fidelity National Information Services earnings at a glance:

-Earnings (Q2): $1.00 Bln. vs. $0.72 Bln. last year.-EPS (Q2): $1.61 vs. $1.15 last year.-Analysts Estimate: $1.55-Revenue (Q2): $3.48 Bln vs. $2.96 Bln last year.

-Guidance:Next quarter EPS guidance: $1.66 - $1.69Next quarter revenue guidance: $3,490 - $3,520 MlnFull year EPS guidance: $6.45 - $6.60Full year revenue guidance: $13,900 -$14,000 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3215162/fidelity-national-information-services-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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