First Data Reports Second Quarter 2016 Financial Results

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Piper Jaffray Reiterates Overweight on First Data (FDC) Following a Mixed 2Q

August 2, 2016 8:47 AM EDT

Piper Jaffray Overweight First Data Corporation (NYSE: FDC) price target of $19.00 (from $15.00) following the company's 2Q earnings report. FDC reported revenue growth of 2%, missing consensus by 1%. EPS of $0.35 beat consensus of $0.34.

Analyst Jason Deleeuw commented, "FDC reported segment revenue growth of 2% (4% constant currency)... More

BTIG Upgrades First Data Corporation (FDC) to Buy

August 1, 2016 8:47 AM EDT

BTIG upgraded First Data Corporation (NYSE: FDC) from Neutral to Buy with a price target of $15. Analyst Mark Palmer said its turnaround is poised to accelerate following its Q2 beat.

"We are upgrading First Data Corporation (FDC) to Buy (from Neutral)... More

First Data (FDC) Tops Q2 EPS by 1c

August 1, 2016 8:20 AM EDT

First Data (NYSE: FDC) reported Q2 EPS of $0.35, $0.01 better than the analyst estimate of $0.34. Revenue for the quarter came in at $1.98 billion versus the consensus estimate of $1.81 billion.

For earnings history and earnings-related data on First Data (FDC) click here.

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