Frank's International (FI) Tops Q4 EPS by 4c

Frank's International (NYSE: FI) reported Q4 EPS of $2.19, $0.04 better than the analyst estimate of $2.15. Revenue for the quarter came in at $4.92 billion, may not compare versus the consensus estimate of $4.68 billion.

GUIDANCE:

Frank's International sees FY2024 EPS of $8.55-$8.70, versus the consensus of $8.61.

• Fiserv expects organic revenue growth of 15% to 17% and adjusted earnings per share of $8.55 to $8.70, representing growth of 14% to 16%, for 2024.
• “We are confident in our ability to continue driving strong results and plan to extend our double-digit adjusted earnings per share growth to a 39th consecutive year,” said Bisignano. “Building a track record of sustained, high-level performance takes Fiserv’s unique combination of assets – our industry leading client base, distribution, technology and people. It also requires the financial strength to continue investing, as we do in our market-leading operating systems and hundreds of value-added solutions for small businesses, enterprises and financial institutions.”

For earnings history and earnings-related data on Frank's International (FI) click here.

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