We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The company has a decent earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed in one. The average surprise was 0.2%.
The Zacks Consensus Estimate for EPS is pegged at $1.56, indicating growth of 11.4% year over year.
The consensus estimate for the top line is currently pegged at $4.16 billion, up 6.5% from the year-ago actual figure. The uptick is likely to have been driven by steady organic growth, higher processing revenues and increased product sale across its Merchant Acceptance and Payments and Networks segments. Our estimate indicates revenue growth of 4.8% year over year.
Segmental Information
The Zacks Consensus Estimate for Merchant Acceptance segment revenues in the to-be-reported quarter is pegged at $1.78 billion, indicating 7.7% year-over-year growth. Diligent acquisitions and their synergies are the likely enablers of such growth.
The Zacks Consensus Estimate for revenues generated from the Payment and Networks segment is pegged at $1.59 billion, indicating a year-over-year increase of 8%, expectedly benefiting from new client wins and some strategic acquisitions.
Revenues generated from the Processing and Services segment is expected to grow 8.7% from the year-ago reported figure. The Zacks Consensus Estimate for the same is pegged at $3.66 billion.
Increasing interest expenses are likely to have a slight impact on the company’s bottom line. The consensus mark for the bottom line is pegged at $1.56, which has been revised slightly upward in the past 60 days. Our estimate indicates an increase of 9.9% year over year.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for FISV this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Fiserv has an Earnings ESP of 0.00% and a Zacks Rank #2.
Here are a few stocks from the broader Business Services sector, which, according to our model, have the right combination of elements to beat on earnings this season.
Waste Connections (WCN - Free Report) currently has an Earnings ESP of +1.93% and a Zacks Rank of 3. It is scheduled to report its first-quarter 2023 results on Apr 26, after market close.
The ZacksConsensus Estimate for the bottom line is pegged at 88 cents per share, up 7.3% from the year-ago figure. The consensus mark for revenues is pegged at $1.9 billion, up 15.4% from the figure reported a year ago. WCN had an average surprise of 3.53% in the previous four quarters.
Waste Management (WM - Free Report) currently has an Earnings ESP of +0.53% and a Zacks Rank of 3. It is scheduled to report its first-quarter 2023 results on Apr 26, after market close.
The Zacks Consensus Estimate for earnings is pegged at $1.26 per share, down 2.3% from the year-ago figure. The consensus mark for revenues is pegged at $4.84 billion, up 3.9% from the prior-year figure. WM had an average surprise of 4.7% in the previous four quarters.
Aptiv (APTV - Free Report) currently has an Earnings ESP of +4.29% and a Zacks Rank of 3. It is scheduled to report its first-quarter 2023 results on May 4, before market open.
The Zacks Consensus Estimate for the bottom line is pegged at 86 cents per share, up 36.5% from the year-ago reported figure. The consensus mark for revenues is pegged at $4.51 billion, up 7.9% from the prior-year reported figure. APTV had a negative surprise of 8.7%, on average, in the previous four quarters.
Image: Shutterstock
Fiserv (FISV) to Post Q1 Earnings: What's in the Cards?
Fiserv, Inc. is scheduled to release its first-quarter 2023 results on Apr 25, before market open.
The company has a decent earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed in one. The average surprise was 0.2%.
The Zacks Consensus Estimate for EPS is pegged at $1.56, indicating growth of 11.4% year over year.
Fiserv, Inc. Price and EPS Surprise
Fiserv, Inc. price-eps-surprise | Fiserv, Inc. Quote
Q1 Expectations
The consensus estimate for the top line is currently pegged at $4.16 billion, up 6.5% from the year-ago actual figure. The uptick is likely to have been driven by steady organic growth, higher processing revenues and increased product sale across its Merchant Acceptance and Payments and Networks segments. Our estimate indicates revenue growth of 4.8% year over year.
Segmental Information
The Zacks Consensus Estimate for Merchant Acceptance segment revenues in the to-be-reported quarter is pegged at $1.78 billion, indicating 7.7% year-over-year growth. Diligent acquisitions and their synergies are the likely enablers of such growth.
The Zacks Consensus Estimate for revenues generated from the Payment and Networks segment is pegged at $1.59 billion, indicating a year-over-year increase of 8%, expectedly benefiting from new client wins and some strategic acquisitions.
Revenues generated from the Processing and Services segment is expected to grow 8.7% from the year-ago reported figure. The Zacks Consensus Estimate for the same is pegged at $3.66 billion.
Increasing interest expenses are likely to have a slight impact on the company’s bottom line. The consensus mark for the bottom line is pegged at $1.56, which has been revised slightly upward in the past 60 days. Our estimate indicates an increase of 9.9% year over year.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for FISV this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Fiserv has an Earnings ESP of 0.00% and a Zacks Rank #2.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to Consider
Here are a few stocks from the broader Business Services sector, which, according to our model, have the right combination of elements to beat on earnings this season.
Waste Connections (WCN - Free Report) currently has an Earnings ESP of +1.93% and a Zacks Rank of 3. It is scheduled to report its first-quarter 2023 results on Apr 26, after market close.
The ZacksConsensus Estimate for the bottom line is pegged at 88 cents per share, up 7.3% from the year-ago figure. The consensus mark for revenues is pegged at $1.9 billion, up 15.4% from the figure reported a year ago. WCN had an average surprise of 3.53% in the previous four quarters.
Waste Management (WM - Free Report) currently has an Earnings ESP of +0.53% and a Zacks Rank of 3. It is scheduled to report its first-quarter 2023 results on Apr 26, after market close.
The Zacks Consensus Estimate for earnings is pegged at $1.26 per share, down 2.3% from the year-ago figure. The consensus mark for revenues is pegged at $4.84 billion, up 3.9% from the prior-year figure. WM had an average surprise of 4.7% in the previous four quarters.
Aptiv (APTV - Free Report) currently has an Earnings ESP of +4.29% and a Zacks Rank of 3. It is scheduled to report its first-quarter 2023 results on May 4, before market open.
The Zacks Consensus Estimate for the bottom line is pegged at 86 cents per share, up 36.5% from the year-ago reported figure. The consensus mark for revenues is pegged at $4.51 billion, up 7.9% from the prior-year reported figure. APTV had a negative surprise of 8.7%, on average, in the previous four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.