Skip to main content

Fidelity National: Q4 Earnings Snapshot

JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Fidelity National Information Services Inc. (FIS) on Tuesday reported fourth-quarter profit of $511 million.

On a per-share basis, the Jacksonville, Florida-based company said it had net income of 98 cents. Earnings, adjusted for one-time gains and costs, came to $1.68 per share.

The results did not meet Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share.

The banking and payment technologies company posted revenue of $2.81 billion in the period, exceeding Street forecasts. Ten analysts surveyed by Zacks expected $2.74 billion.

For the year, the company reported profit of $382 million, or 73 cents per share. Revenue was reported as $10.68 billion.

For the current quarter ending in March, Fidelity National expects its per-share earnings to range from $1.26 to $1.30.

The company said it expects revenue in the range of $3.27 billion to $3.29 billion for the fiscal first quarter.

Fidelity National expects full-year earnings in the range of $6.22 to $6.32 per share, with revenue ranging from $13.77 billion to $13.85 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIS at https://www.zacks.com/ap/FIS

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story