MILWAUKEE (AP) — MILWAUKEE (AP) — Fiserv Inc. (FI) on Wednesday reported third-quarter earnings of $792 million.
On a per-share basis, the Milwaukee-based company said it had net income of $1.46. Earnings, adjusted for one-time gains and costs, came to $2.04 per share.
The results did not meet Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.64 per share.
The financial services technology company posted revenue of $5.26 billion in the period. Its adjusted revenue was $4.92 billion, also falling short of Street forecasts. Ten analysts surveyed by Zacks expected $5.36 billion.
Fiserv expects full-year earnings in the range of $8.50 to $8.60 per share.
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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
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