FIS tumbles after lower-than-expected Q3 revenue, profit forecasts

Fidelity National Information Services

04/08/2026 13:10

** Shares of banking and payments processor Fidelity National Information Services FIS.N fall about 7% to $41.68 premarket
** Co forecasts Q3 revenue between $3.41 and $3.44 bln, compared with analysts' estimates of $3.51 - data compiled by LSEG 
** Q3 adj. EPS expected between $1.58 and $1.62, below market expectations of $1.65 
** Co says it has "temporarily curtailed" share repurchases and paused tuck-in M&A activity following the Total Issuing Solutions acquisition 
** 16 analysts rate stock "buy", 11 "hold" and one "sell", median PT at $55 - LSEG data 
** Stock has lost over 32% YTD till last close 

 (Reporting by Purvi Agarwal in Bengaluru)
 ((Purvi.Agarwal@thomsonreuters.com;))