JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Fidelity National Information Services Inc. (FIS) on Wednesday reported third-quarter net income of $264 million.
On a per-share basis, the Jacksonville, Florida-based company said it had net income of 50 cents. Earnings, adjusted for one-time gains and costs, were $1.51 per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.
The banking and payment technologies company posted revenue of $2.72 billion in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $2.66 billion.
Fidelity National expects full-year earnings in the range of $5.74 to $5.78 per share, with revenue in the range of $10.6 billion to $10.63 billion.
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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 FIS at https://www.zacks.com/ap/FIS
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