2023-10-24 14:11:51 ET
Fiserv (NYSE: FI) stock is gaining ground Tuesday following the company's third-quarter earnings release. The company's share price was up 3.8% as of 1:45 p.m. ET, according to data from S&P Global Market Intelligence .
Fiserv published Q3 results before the market opened this morning, delivering sales and earnings for the period that came in ahead of the market's expectations. The fintech specialist posted non-GAAP (adjusted) earnings per share of $1.96 on revenue of $0.87 billion, beating the average analyst estimate's earnings target by $0.03 per share and its sales target by $270 million.
Fiserv's revenue climbed 7.7% year over year in Q2. Meanwhile, earnings per share were up 108% compared to the prior-year period.
For further details see:
Why Fiserv Stock Is Gaining Today