earnings
confidence high
sentiment positive
materiality 0.80
FIS Q1 adj EPS $1.10 beats; raises FY adj EPS outlook to $4.88-4.98; buyback increased to $4.0B
Fidelity National Information Services, Inc.
2024-Q1 EPS reported
$1.25
revenue$2,467,000,000
- Q1 continuing ops revenue $2.5B (+3% adj); GAAP EPS $0.03; adj EPS $1.10 (+53% YoY).
- Adjusted EBITDA margin expanded 200 bps to 39.5%; Banking margin up 350 bps to 44.3%.
- FY2024 adj EPS outlook raised $0.22 to $4.88-$4.98; revenue and EBITDA outlook reaffirmed.
- Share repurchase goal increased to $4.0B from $3.5B; $1.4B repurchased in Q1.
- Non-controlling 45% Worldpay interest recorded as equity-method investment; Jan contributed $403M disc ops revenue.