FISV - Fiserv stock heads higher on Q2 earnings beat year EPS guidance boost

hapabapa/iStock Editorial via Getty ImagesThe fintech payments and services provider Fiserv (FISV) is up 1.3% in premarket trading following "a very strong quarter driven by both macroeconomic tailwinds and the execution of our business strategy," Frank Bisignano president and CEO, said in a statement.The company boosts its full-year guidance for adjusted EPS to $5.50-5.60, up from $5.35-$5.50 previously, representing growth of 24%-27%; compares with consensus estimate of $5.45.Expects internal revenue growth of 10%-12% vs. 9%-12%  guidance issued in the prior quarter.Q2 adjusted earnings per share of $1.37 increases 47% in Q1, beating the average analyst estimate of $1.28.Q2 total revenue of $4.05B increases from $3.47B in the same period a year ago, beating the consensus estimate of $3.93B.Internal revenue of $3.66B in Q2 increases from $3.10B in Q2 2020; driven by 41% growth in the Acceptance segment, 5% growth in FinTech, and 7% growth in Payments.Earlier, Fiserv EPS beats by $0.09, beats

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Fiserv stock heads higher on Q2 earnings beat, year EPS guidance boost