Fiserv (Nasdaq: FISV ) is expected to report Q2 earnings on July 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 grow 8.3% and EPS will grow 12.5%.
The average estimate for revenue is $1.19 billion. On the bottom line, the average EPS estimate is $1.44.
Last quarter, Fiserv booked revenue of $1.15 billion. GAAP reported sales were 5.0% higher than the prior-year quarter's $1.10 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 $1.33. GAAP EPS of $0.87 for Q1 were 7.4% lower than the prior-year quarter's $0.94 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 40.8%, 30 basis points better than the prior-year quarter. Operating margin was 20.9%, 90 basis points worse than the prior-year quarter. Net margin was 10.2%, 180 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $4.81 billion. The average EPS estimate is $5.93.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 315 members out of 344 rating the stock outperform, and 29 members rating it underperform. Among 105 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 99 give Fiserv a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fiserv is hold, with an average price target of $86.63.
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