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FIserv Inc.

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7:22 p.m.

Fiserv Inc.
/zigman2/quotes/204817680/composite

$

113.05

Change

+0.0100 +0.0088%

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Volume 53,432

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/zigman2/quotes/204817680/composite

Today's close

$ 114.83

$ 113.04

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$112.74

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$92.15

$127.34

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3:40 a.m. Dec. 8, 2020 - By Tomi Kilgore
Fiserv affirms 2020 profit outlook, provides in-line guidance for next yearFiserv Inc. reiterated its full-year 2020 adjusted profit growth outlook of 11% over 2019 earnings, "despite some softening in demand due COVID-19 restrictions," and said it expects 2021 adjusted earnings-per-share growth of 20% to 25%. The FactSet consensus for 2020 EPS of $4.41 implied 10.3% growth, and the 2021 EPS consensus of $5.38 implies 22% growth. Also for 2021, the company expects internal revenue growth of 7% to 12%. The payments and financial technology company said its financial outlook "does not assume a significant extension of COVID-19 deep into 2021." The stock, which slipped 0.2% in premarket trading, has rallied 23.1% over the past three months through Monday, while the S&P 500 has gained 10.8%.
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