Fidelity National: Fourth Quarter Earnings Overview
Fidelity National Information Services Reports Fourth-Quarter Financial Results
Fidelity National Information Services Inc., headquartered in Jacksonville, Florida, announced a net profit of $511 million for the fourth quarter.
The company’s earnings translated to 98 cents per share. After adjusting for exceptional items, the earnings per share were $1.68.
These figures fell slightly short of analyst expectations, as a group of 12 experts polled by Zacks Investment Research had anticipated earnings of $1.69 per share.
In terms of revenue, Fidelity National generated $2.81 billion during the quarter, surpassing the consensus forecast of $2.74 billion from 10 analysts surveyed by Zacks.
Annual Performance
Over the past year, the company recorded a total profit of $382 million, or 73 cents per share, with annual revenue reaching $10.68 billion.
Outlook for Upcoming Periods
- For the quarter ending in March, projected earnings per share are expected to be between $1.26 and $1.30.
- Revenue for the fiscal first quarter is forecasted to range from $3.27 billion to $3.29 billion.
- For the full year, anticipated earnings per share are between $6.22 and $6.32, with revenue estimates ranging from $13.77 billion to $13.85 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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