MILWAUKEE (AP) — MILWAUKEE (AP) — Fiserv Inc. (FI) on Tuesday reported third-quarter net income of $564 million.
The Milwaukee-based company said it had net income of 98 cents per share. Earnings, adjusted for one-time gains and costs, were $2.30 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.25 per share.
The financial services technology company posted revenue of $5.22 billion in the period. Its adjusted revenue was $4.88 billion, which missed Street forecasts. Ten analysts surveyed by Zacks expected $4.89 billion.
Fiserv expects full-year earnings in the range of $8.73 to $8.80 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FI at https://www.zacks.com/ap/FI
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.