PSN - Fiserv to Report Q2 Earnings: What's in the Offing? | Benzinga
Fiserv, Inc. (NYSE: FI) is scheduled to release its second-quarter 2024 results on Jul 24, before market open.
FI's earnings surprise history has been decent. It has surpassed the Zacks Consensus Estimate in three of the trailing four quarters and met in one, the average surprise being 2.3%.
Fiserv, Inc. Price and EPS Surprise
Fiserv, Inc. price-eps-surprise | Fiserv, Inc. Quote
Q2 Expectations
The Zacks Consensus Estimate for the top line is pegged at $4.8 billion, implying 7.4% growth from the year-ago quarter's actual. The rise is anticipated to have been due to an increase in revenues from Clover Capital, Rapid Deposit and its basic Clover SaaS plans.
Our estimate for Processing and Services revenues is pegged at $4.2 billion, suggesting a 6.6% increase from the year-ago quarter's reported figure. We expect revenues from the Product segment to be $909.9 million, indicating 9.4% growth on a year-over-year basis.
We expect Merchant Acceptance and Financial Solutions revenues to increase ...