Fidelity National Information Services (NYSE: FIS) reported Q4 EPS of $1.36, $0.02 better than the analyst estimate of $1.34. Revenue for the quarter came in at $2.39 billion versus the consensus estimate of $2.36 billion.

Fourth Quarter 2017

• GAAP revenue of $2,329 million
• Diluted EPS from continuing operations of $2.93, and Adjusted EPS of $1.36
• Net cash provided by operating activities of $662 million, and free cash flow of $551 million

2018 Guidance

The Company’s 2018 GAAP and non-GAAP guidance reflect the impact of “The Tax Cuts and Jobs Act” and includes the impact of the new revenue recognition accounting standard (ASC 606). The Company’s 2018 GAAPguidance is also impacted by the divestitures of its public sector and education business and its consulting businesses in 2017.

2018 GAAP Guidance

• Consolidated GAAP revenue decrease of 1.5 to 2.5 percent;
  • IFS GAAP revenue increase of 1.5 to 2.5 percent; and
  • GFS GAAP revenue decrease of 4.0 to 5.0 percent
• Net earnings from continuing operations margin of 11.5 to 13.0 percent
• Diluted EPS of $3.00 to $3.35

2018 Non-GAAP Guidance

• Consolidated organic revenue increase of 2.5 to 3.5 percent;
  • IFS organic revenue increase of 2.0 to 3.0 percent; and
  • GFS organic revenue increase of 4.0 to 5.0 percent
• Adjusted EBITDA margin of 36.0 to 37.0 percent
• Adjusted EPS of $5.10 to $5.30

GUIDANCE:

Fidelity National Information Services sees FY2018 EPS of $5.10-$5.30, versus the consensus of $4.92.

For earnings history and earnings-related data on Fidelity National Information Services (FIS) click here.