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Mar 31, 2021
FIS Q1 2021 Earnings Report
FIS exceeded expectations with strong results and new sales, increasing the outlook for full-year 2021.
Key Takeaways
FIS reported a strong start to the year, exceeding expectations and increasing the outlook for the rest of the year. Consolidated revenue increased by 5% to $3,223 million. Adjusted net earnings were $814 million, or $1.30 per diluted share.
Consolidated revenue increased 5% to $3,223 million.
Organic revenue increased 4% with growth across all operating segments.
Adjusted EBITDA margin expanded 10 basis points to 40.6%.
Adjusted net earnings were $814 million, or $1.30 per diluted share.
FIS
FIS
FIS Revenue by Segment
Revenue by Segment
Banking Solutions Revenue
CapyFin.comCapital Market Solutions Revenue
CapyFin.comCorporate and Other Revenue
CapyFin.com Forward Guidance
FIS provided guidance for the second quarter and full year 2021.
Positive Outlook
- Second Quarter 2021 Revenue (GAAP): $3,365 - $3,390 million
- Second Quarter 2021 Adjusted EPS: $1.52 - $1.55
- Full-Year 2021 Revenue (GAAP): $13,650 - $13,750 million
- Full-Year 2021 Diluted EPS: $1.30 - $1.60
- Full-Year 2021 Adjusted EPS: $6.35 - $6.55
Challenges Ahead
- Not applicable, guidance is positive
Revenue & Expenses
Visualization of income flow from segment revenue to net income