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Sep 30, 2024
FIS Q3 2024 Earnings Report
FIS demonstrated strong financial performance, exceeding expectations and raising the full-year outlook.
Key Takeaways
FIS reported strong third quarter results with revenue increasing 3% on a GAAP basis and 4% on an adjusted basis to $2.6 billion. Adjusted EPS increased 49% to $1.40, and the company repurchased $500 million of shares. The company raised its full-year outlook for revenue, adjusted EBITDA, and adjusted EPS.
GAAP Diluted EPS increased 7% over the prior-year period to $0.45.
Adjusted EPS increased 49% over the prior-year period to $1.40.
Revenue increased 3% on a GAAP basis and 4% on an adjusted basis to $2.6 billion.
The company repurchased $500 million of shares in the third quarter.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For the full-year, the Company is raising the low-end of its outlook for both revenue and adjusted EBITDA and is raising its outlook for adjusted EPS by approximately 2% as compared to the prior outlook to $5.15 - $5.20. The adjusted EPS outlook reflects 11 months of EMI contribution for the full year.
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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