Fiserv Q3 2021 Earnings Report
Key Takeaways
Fiserv reported a strong third quarter with a 10% increase in GAAP revenue, reaching $4.16 billion. Adjusted EPS grew by 23% to $1.47. The company has tightened its full year outlook for internal revenue growth to 11% and improved its adjusted earnings per share outlook to a range of $5.55 to $5.60.
GAAP revenue increased by 10% to $4.16 billion in Q3 2021.
Adjusted EPS increased by 23% to $1.47 in Q3 2021.
Internal revenue growth was 10% in Q3 2021, led by the Acceptance segment.
The company expects 2021 internal revenue growth of 11% and adjusted EPS between $5.55 and $5.60.
Fiserv
Fiserv
Fiserv Revenue by Segment
Forward Guidance
Fiserv tightens its full year outlook for internal revenue growth to 11% and improves its adjusted earnings per share outlook to a range of $5.55 to $5.60, representing growth of 26% to 27%, for 2021.
Positive Outlook
- Strong financial results year to date
- Increased visibility into the fourth quarter
- Strength of our assets
- Our agility
- New product launches continue to accelerate our growth
Revenue & Expenses
Visualization of income flow from segment revenue to net income