Why Shares of Fiserv Fell a Stunning 48% This Week
2025-10-30 17:46:00 ET
Since the close of trading last week, shares of the core processing and payments company Fiserv (NYSE: FIS) had fallen an unimaginable 48% at the close of trading on Thursday. The company significantly missed Wall Street estimates for the third quarter of the year, lowered guidance, and essentially announced a strategic reset.
Fiserv reported adjusted earnings per share of $2.04, missing estimates by over $0.60. Revenue of $4.92 billion also missed by $430 million. Even worse, management lowered its full-year adjusted earnings guidance by 16.4%, attributing the shocking results to soft revenues from the company's business in Argentina, which is experiencing a financial crisis, among other issues.
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NASDAQ: FIS
FIS Trading
0.5% G/L:
$42.62 Last:
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