FISV - Fiserv: Synergies And Recovery Of The Growth Path Will Boost Earnings
Fiserv (FISV) ended the first quarter in a muted tone, with a slight miss in revenue and EPS in line with estimations, eclipsing strong growth in several fronts during the quarter. Showing business strength in merchant, payment and financial verticals and with costs synergies underway, the company is looking to achieve double-digit earnings growth for the full year. Underscored by this upbeat outlook, I see Fiserv well positioned to growth in a potential scenario of modest recovery in the coming quarters.
Q1 2020 Earnings Highlights and Outlook
With a strong start of the