Fiserv Earned $1.00 per Share for Q4

Fiserv (FISV) just reported Q4 earnings of $1.00 per share. That matches Wall Street’s estimate. Previously, the company had told us to expect Q4 earnings to range between 98 cents and $1.01 per share.

For the year, Fiserv made $3.87 per share which is a 15% increase over the $3.37 in 2014. This is Fiserv’s 30th year in a row of double-digit EPS growth.

“We delivered solid results in 2015 including internal revenue growth within our long-term outlook and our 30th consecutive year of double-digit adjusted earnings per share growth,“ said Jeffery Yabuki, President and Chief Executive Officer of Fiserv. “The organization generated record financial performance while delivering value for clients, associates and shareholders.”

For our Buy List, this is our first earnings “non-beat” all season. Until now, all nine reports were beats.

For 2016, Fiserv expects earnings to range between $4.32 and $4.44 per share. That’s an increase of 12% to 15% over the results from 2015. Wall Street had been expecting $4.33 per share.

Posted by on February 2nd, 2016 at 4:10 pm


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