Fidelity National Information Services (FIS) Tops Q2 EPS by 2c

Fidelity National Information Services (NYSE: FIS) reported Q2 EPS of $1.23, $0.02 better than the analyst estimate of $1.21. Revenue for the quarter came in at $2.11 billion versus the consensus estimate of $2.12 billion.

GUIDANCE:

Fidelity National Information Services sees FY2018 EPS of $5.18-$5.34.

• Consolidated organic revenue increase of 2.5 to 3.5 percent;
• IFS organic revenue increase of 3.0 to 4.0 percent, an increase from 2.0 to 3.0 percent; and
• GFS organic revenue increase of 3.0 to 4.0 percent, previously 4.0 to 5.0 percent
• Adjusted EBITDA margin of approximately 37.0 percent, an increase from 36.0 to 37.0 percent

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

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