Fiserv, Inc. (FISV) Updates FY12 Earnings Guidance
Fiserv, Inc. (FISV) issued an update on its FY12 earnings guidance on Tuesday morning. The company provided EPS guidance of $5.08-5.20 for the period.
Shares of Fiserv, Inc. (FISV) traded up 0.16% during mid-day trading on Tuesday, hitting $75.25. Fiserv, Inc. (FISV) has a one year low of $53.91 and a one year high of $76.25. The company has a market cap of $10.209 billion and a P/E ratio of 18.82.
Fiserv last issued its quarterly earnings data on Tuesday, October 30th. The company reported $1.27 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.27. Fiserv’s revenue was up 5.2% compared to the same quarter last year. On average, analysts predict that Fiserv, Inc. (FISV) will post $5.18 earnings per share for the current fiscal year.
Several analysts have also recently commented on the stock. Analysts at JPMorgan Chase reiterated an overweight rating on shares of Fiserv in a research note to investors on Monday. They now have a $85.00 price target on the stock. On a related note, analysts at Citigroup downgraded shares of Fiserv from a buy rating to a neutral rating in a research note to investors on Monday. They now have a $82.00 price target on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of Fiserv in a research note to investors on Friday. They now have a $79.00 price target on the stock.
Fiserv, Inc. is a global provider of financial services technology solutions, including electronic commerce systems and services, such as transaction processing, electronic bill payment and presentment, business process outsourcing, document distribution services, and software and systems solutions.
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