TSYS Reports Third Quarter Earnings and Increases 2018 Outlook

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Total System Services (TSS) Tops Q3 EPS by 7c, Beats on Revenues; Boosts FY18 Guidance

October 23, 2018 4:18 PM EDT

Total System Services (NYSE: TSS) reported Q3 EPS of $1.16, $0.07 better than the analyst estimate of $1.09. Revenue for the quarter came in at $964.6 million versus the consensus estimate of $951.36 million.

Total revenues were $1,015.4 million, a decrease of 18.6%. The decrease is the result of adopting ASC... More