FIS rises as strong banking unit drives Q3 profit beat

Fidelity National Information Services

05/11/2025 13:23

** Shares of payments processor FIS FIS.N rise 1.53% to $63.15 premarket after Q3 profit tops estimates

** Co says results driven by strength in its banking solutions unit as resilient U.S. consumer spending boosts transaction volumes

** Posts adj. EPS of $1.51 vs estimates of $1.49, according to estimates compiled by LSEG

** Revenue rises 5.7% to $2.72 bln, also above estimates of $2.65 bln

** According to data compiled by LSEG, 16 out of 27 analysts rate stock "buy" or higher, 10 rate it "hold" and one "sell"; their median PT is $85

** Stock down 21.81% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))