Fiserv Earnings, Revenue Beat in Q1
2022.04.27 14:28
Fiserv Earnings, Revenue Beat in Q1
Investing.com – Fiserv (NASDAQ:FISV) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Fiserv announced earnings per share of $1.4 on revenue of $3.91B. Analysts polled by Investing.com anticipated EPS of $1.35 on revenue of $3.84B.
Fiserv shares are up 17% from the beginning of the year, still down 23.24% from its 52 week high of $125.19 set on April 27, 2021. They are outperforming the S&P 500 which is down 12.4% from the start of the year.
Fiserv follows other major Information Technology sector earnings this month
Fiserv’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.
Taiwan Semiconductor had beat expectations on April 14 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
