Fidelity National (FIS) Q4 Earnings Miss on High Interest Costs
FISFidelity National Information Services(FIS) Zacks Investment Research·2024-02-27 02:46

Fidelity National Information Services, Inc. (FIS) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 94 cents, which missed the Zacks Consensus Estimate by 1.1%. The bottom line declined 4% year over year. Revenues dipped 1% year over year to 2.51billion.Thetoplinefellshortoftheconsensusmarkof2.51 billion. The top line fell short of the consensus mark of 2.52 billion. The quarterly results were hit by softer revenue contribution from the Banking Solutions segment and a significant rise in interest expenses. Its shares declined 2% in the pr ...