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Unlocking Q1 Potential of Fidelity National (FIS): Exploring Wall Street Estimates for Key Metrics
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Analysts on Wall Street project that Fidelity National Information Services (FIS - Free Report) will announce quarterly earnings of $0.96 per share in its forthcoming report, representing a decline of 25.6% year over year. Revenues are projected to reach $2.45 billion, declining 30.3% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Fidelity National metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts forecast 'Revenue- Banking Solutions' to reach $1.67 billion. The estimate indicates a change of -0.6% from the prior-year quarter.
It is projected by analysts that the 'Revenue- Capital Market Solutions' will reach $705.42 million. The estimate points to a change of +6.4% from the year-ago quarter.
The consensus estimate for 'Revenue- Corporate and Other' stands at $65.82 million. The estimate indicates a change of +15.5% from the prior-year quarter.
Analysts' assessment points toward 'Revenue- Banking Solutions' reaching $1.67 billion. The estimate points to a change of -0.6% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Capital Market Solutions' will reach $705.42 million. The estimate indicates a year-over-year change of +6.4%.
Analysts predict that the 'Revenue- Corporate and Other' will reach $65.82 million. The estimate indicates a change of +15.5% from the prior-year quarter.
Shares of Fidelity National have experienced a change of -7.8% in the past month compared to the -4.1% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), FIS is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Unlocking Q1 Potential of Fidelity National (FIS): Exploring Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Fidelity National Information Services (FIS - Free Report) will announce quarterly earnings of $0.96 per share in its forthcoming report, representing a decline of 25.6% year over year. Revenues are projected to reach $2.45 billion, declining 30.3% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Fidelity National metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts forecast 'Revenue- Banking Solutions' to reach $1.67 billion. The estimate indicates a change of -0.6% from the prior-year quarter.
It is projected by analysts that the 'Revenue- Capital Market Solutions' will reach $705.42 million. The estimate points to a change of +6.4% from the year-ago quarter.
The consensus estimate for 'Revenue- Corporate and Other' stands at $65.82 million. The estimate indicates a change of +15.5% from the prior-year quarter.
Analysts' assessment points toward 'Revenue- Banking Solutions' reaching $1.67 billion. The estimate points to a change of -0.6% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Capital Market Solutions' will reach $705.42 million. The estimate indicates a year-over-year change of +6.4%.
Analysts predict that the 'Revenue- Corporate and Other' will reach $65.82 million. The estimate indicates a change of +15.5% from the prior-year quarter.
View all Key Company Metrics for Fidelity National here>>>
Shares of Fidelity National have experienced a change of -7.8% in the past month compared to the -4.1% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), FIS is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>