Previous Close | 8.10 |
Open | 8.10 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 77.50 |
Expire Date | 2024-07-19 |
Day's Range | 8.10 - 8.10 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Strong Start in 2024 with Enhanced Share Repurchase Plans and Raised Full-Year EPS Outlook
Banking and payments processing conglomerate Fidelity National Information Services raised its forecast for annual adjusted profit and posted a 49% jump in its first-quarter profit on Monday, helped by resilient consumer spending. Payment processors such as FIS collect transaction fees from financial institutions and businesses that are strongly correlated with consumer spending volume. - FIS now expects annual adjusted profit per share to be between $4.88 and $4.98, higher than its previous forecast of $4.66 to $4.76.
Fidelity National (FIS) delivered earnings and revenue surprises of 14.58% and 0.85%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?