Overview
FIS Q3 revenue grows 6% to $2.7 bln, beating analyst expectations
Adjusted EPS for Q3 rises 8% to $1.51, surpassing consensus
Company raises full-year 2025 outlook for revenue, adjusted EBITDA, and free cash flow
Outlook
FIS raises full-year 2025 revenue growth outlook to 5.4%-5.7%
Company expects full-year 2025 adjusted EPS growth of 10%-11%
FIS increases target for adjusted free cash flow conversion to >85%
Result Drivers
DISCIPLINED EXECUTION - CEO Stephanie Ferris attributes strong Q3 results to disciplined execution and outperformance against financial commitments
STRONG SALES PERFORMANCE - Favorable market environment and differentiated positioning led to strong sales across all business segments
PRODUCT ENHANCEMENT - Acquisition of Amount and operational excellence initiatives enhance product suite and client value
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 REVENUE
Beat
$2.71 bln
$2.65 bln (21 Analysts)
Q3 Adjusted EPS
Beat
$1.51
$1.48 (23 Analysts)
Q3 Adjusted Net Income
Beat
$789 mln
$777.36 mln (16 Analysts)
Q3 Adjusted EBITDA
Beat
$1.13 bln
$1.11 bln (20 Analysts)
Q3 Adjusted EBITDA Margin
41.80%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the financial technology (fintech) peer group is "buy"
Wall Street's median 12-month price target for Fidelity National Information Services Inc is $85.00, about 25.7% above its November 4 closing price of $63.15
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nBw7tJqk4a
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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