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Sep 30, 2023
Fiserv Q3 2023 Earnings Report
Fiserv's Q3 2023 earnings were reported, showcasing revenue growth and increased EPS.
Key Takeaways
Fiserv reported strong Q3 2023 results, with GAAP revenue increasing by 8% to $4.87 billion and adjusted EPS increasing by 20% to $1.96. The company raised its full-year 2023 outlook for organic revenue growth to 11% and adjusted EPS to $7.47 to $7.52.
GAAP revenue increased by 8% to $4.87 billion.
Organic revenue growth was 12%, led by 20% growth in the Acceptance segment.
Adjusted EPS increased by 20% to $1.96.
The company raised its 2023 organic revenue growth outlook to 11% and adjusted EPS outlook to $7.47 to $7.52.
Forward Guidance
Fiserv raises full year 2023 outlook and now expects organic revenue growth of 11% and adjusted earnings per share growth of 15% to 16%, a range of $7.47 to $7.52 per share.
Positive Outlook
- Company raises 2023 organic revenue growth outlook to 11%.
- Company raises adjusted EPS outlook to $7.47 to $7.52.
- Continued strength this quarter.
- Confident in ability to add new clients.
- Confident to grow with existing clients.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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