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Jun 30, 2023
Fiserv Q2 2023 Earnings Report
Fiserv's Q2 2023 performance reflected strong organic revenue growth and adjusted EPS, driven by sustained momentum in merchant acceptance and expansion of digital payments for financial institutions.
Key Takeaways
Fiserv reported a solid second quarter in 2023, marked by a 7% increase in GAAP revenue and a 10% rise in organic revenue. The company's adjusted EPS grew by 16%, and it raised its full-year outlook for both organic revenue growth and adjusted EPS.
GAAP revenue increased by 7% and organic revenue grew by 10% in the second quarter.
Adjusted EPS increased by 16% in the second quarter.
The company raised its 2023 organic revenue growth outlook to 9% to 11%.
The company raised its 2023 adjusted EPS outlook to $7.40 to $7.50.
Revenue by Segment
Forward Guidance
Fiserv raised its full year 2023 outlook and now expects organic revenue growth of 9% to 11% and adjusted earnings per share of $7.40 to $7.50, representing growth of 14% to 16%.
Positive Outlook
- Strong second-quarter results
- Improved second-half outlook for the economy
- Business confidence
- Strong demand for products
- Greater productivity for associates
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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