Fiserv (Nasdaq: FISV ) is expected to report Q3 earnings on Oct. 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Fiserv's revenues will increase 4.8% and EPS will grow 9.5%.
The average estimate for revenue is $1.11 billion. On the bottom line, the average EPS estimate is $1.27.
Last quarter, Fiserv logged revenue of $1.10 billion. GAAP reported sales were 3.3% higher than the prior-year quarter's $1.07 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.28. GAAP EPS of $1.17 for Q2 were 89% higher than the prior-year quarter's $0.62 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 42.3%, 90 basis points better than the prior-year quarter. Operating margin was 23.5%, 10 basis points worse than the prior-year quarter. Net margin was 14.6%, 610 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $4.50 billion. The average EPS estimate is $5.18.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 314 members out of 339 rating the stock outperform, and 25 members rating it underperform. Among 103 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 95 give Fiserv a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fiserv is outperform, with an average price target of $75.00.
Is Fiserv playing the right part in the new technology revolution? Computers, mobile devices, and related services are creating huge amounts of valuable data, but only for companies that can crunch the numbers and make sense of it. Meet the leader in this field in "The Only Stock You Need To Profit From the NEW Technology Revolution." Click here for instant access to this free report.