Fiserv Earnings, Revenue miss in Q3
Investing.com - Fiserv (NASDAQ:FISV) reported third quarter earnings that missed analyst's expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.75 on revenue of $1.41B. Analysts polled by Investing.com forecast EPS of $0.77 on revenue of $1.43B. That compared to EPS of $1.27 on revenue of $1.40B in the same period a year earlier. The company had reported EPS of $0.75 on revenue of $1.42B in the previous quarter.
For the year, Fiserv shares are up 20.96%, outperforming the Nasdaq which is up 5.31% year to date.
Fiserv follows other major Technology sector earnings this month
On October 24, Microsoft (NASDAQ:MSFT) reported first quarter EPS of $1.14 on revenue of $29.08B, compared to forecasts of EPS of $0.96 on revenue of $27.88B.
Alphabet C (NASDAQ:GOOG) earnings beat analyst's expectations on October 25, with third quarter EPS of $13.06 on revenue of $33.74B. Investing.com analysts expected EPS of $10.41 on revenue of $27.32B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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