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Dec 31, 2020
FIS Q4 2020 Earnings Report
FIS reported mixed Q4 2020 results, with revenue decreasing slightly but adjusted EBITDA margin expanding.
Key Takeaways
FIS reported a slight decrease in revenue but an increase in adjusted EBITDA margin for Q4 2020. The company highlighted its progress on synergy targets and announced its guidance for Q1 and full-year 2021.
Revenue decreased 1% to $3,316 million.
Net earnings attributable to common stockholders were $103 million, or $0.16 per diluted share.
Adjusted EBITDA margin expanded by 60 basis points to 45.2%.
Adjusted net earnings were $1,016 million, or $1.62 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 its first quarter and full-year 2021 guidance.
Positive Outlook
- Full Year 2021 Revenue: $13,500 - $13,700 million
- Full Year 2021 Adjusted EPS: $6.20 - $6.40
- First Quarter 2021 Revenue: $3,130 - $3,160 million
- First Quarter 2021 Adjusted EPS: $1.20 - $1.25
Challenges Ahead
- Full Year 2021 Diluted EPS: $1.50 - $1.95
- First Quarter 2021 Diluted EPS: $(0.20) - $(0.05)
Revenue & Expenses
Visualization of income flow from segment revenue to net income