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Fidelity National Information Services (FIS) revealed a profit for third quarter that fell from the same period last year.


RTTNews | Oct 29, 2020 07:33AM EDT

07:33 Thursday, October 29, 2020 (RTTNews.com) - Fidelity National Information Services (FIS) revealed a profit for third quarter that fell from the same period last year.

The company's earnings totaled $20 million, or $0.03 per share. This compares with $154 million, or $0.29 per share, in last year's third quarter.

Excluding items, Fidelity National Information Services reported adjusted earnings of $887 million or $1.42 per share for the period.

Analysts had expected the company to earn $1.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.5% to $3.20 billion from $2.82 billion last year.

Fidelity National Information Services earnings at a glance:

-Earnings (Q3): $887 Mln. vs. $751 Mln. last year.-EPS (Q3): $1.42 vs. $1.43 last year.-Analysts Estimate: $1.41-Revenue (Q3): $3.20 Bln vs. $2.82 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3140722/fidelity-national-information-services-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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