Fidelity National Information Services, Inc. ($FIS) 3Q20 Earnings Sneak Peek

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Fidelity National Information Services, Inc. (NYSE:FIS) financial products and services provider, is reporting third quarter earnings results on Thursday 29th October 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 1.41 per share.

For the full year, analysts predict revenues of $ 12653.40 million, while looking forward to income of $ 5.49 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 13,550.00 million ~ $ 13,675.00 million, where as bottomline are predicted in a range of $ 6.17 ~ $ 6.35 per share

Click Here For More Historical Outlooks Of Fidelity National Information Services, Inc.

Previous Quarter Performance

Fidelity National Information Services, Inc. reported income for the second quarter of $ 1.15 per share, from the revenue of $ 2,962.00 million. The quarterly earnings dropped 11.54 percent while revenues escalated 40.25 percent compared with the same quarter last year.
According to street consensus, FIS was expected to report 2Q20 income of $ 1.09 per share from revenue of $ 2869.07 million. The bottom line results beat street analysts by $ 0.06 or 5.50 percent, at the same time, top line results outshined analysts by $ 92.93 million or 3.24 percent.

Stock Performance

Shares of Fidelity National Information Services, Inc. traded low $ -5.35 or -3.88 percent on Wednesday, reaching $ 132.51 with volume of 4.14 million shares. Fidelity National Information Services, Inc. has traded high as $ 136.15 and has cracked $ 132.27 on the downward trend

According to the previous trading day, closing price of $ 132.51, representing a 50.37 % increase from the 52 week low of $ 91.68 and a 12.86 % decrease over the 52 week high of $ 158.21.

The company has a market capital of $ 82.10 billion and is part of the Industrials sector and Business Services industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.35 per share on July 23, 2020. The dividend were payable on September 25, 2020 to holders of record as of the close of business on September 11, 2020 and ex-dividend date on September 10, 2020.

Conference Call

Fidelity National Information Services, Inc. will be hosting a conference call at 9:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.fisglobal.com

Fidelity National Information Services, Inc. operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments.