FX.co ★ Fidelity National Information Services Q3 Profit Beats Estimates

Fidelity National Information Services (FIS) recently announced its third-quarter profit, which exceeded Wall Street expectations. The company reported earnings of $246 million, equating to $0.45 per share. In comparison, the figures for the third quarter of the previous year were $248 million, or $0.42 per share.

When excluding special items, FIS recorded an adjusted earnings figure of $765 million, or $1.40 per share for this quarter. This result surpassed the average analysts' forecast of $1.29 per share, as gathered by Thomson Reuters. It is important to note that these analyst estimates typically exclude special one-time items.

Regarding revenue, the company saw a 3.1% increase, achieving $2.570 billion in this quarter compared to $2.492 billion in the same period last year.

Here is a summary of Fidelity National Information Services' GAAP-based earnings for the third quarter:

- **Earnings (Q3):** $246 million compared to $248 million last year.

- **Earnings per Share (EPS) (Q3):** $0.45 compared to $0.42 last year.

- **Revenue (Q3):** $2.570 billion compared to $2.492 billion last year.