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Fidelity National Information Services (FIS) shares fell 6.7% in early Friday trading after the company issued a Q2 adjusted earnings outlook below analyst estimates.
The company reported Q1 adjusted earnings of $1.36 per diluted share, up from $1.21 a year earlier.
Analysts polled by FactSet expected $1.29.
Revenue for the quarter ended March 31 was $3.30 billion, compared with $2.53 billion a year earlier.
Analysts surveyed by FactSet expected $3.28 billion.
The company expects Q2 adjusted EPS of $1.45 to $1.49 on revenue of $3.38 billion to $3.40 billion. Analysts surveyed by FactSet expect $1.50 and $3.39 billion, respectively.
For 2026, Fidelity National Information said it is reiterating adjusted EPS of $6.22 to $6.32 on revenue of $13.77 billion to $13.85 billion. Analysts polled by FactSet expect $6.27 and $13.77 billion, respectively.
Price: $44.11, Change: $-3.14, Percent Change: -6.65%