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Fiserv Inc. (NASDAQ:FISV) released its first-quarter financial results Tuesday. The report showed a mix of bottom-line strength and top-line challenges.
EPS Outperforms Wall Street Targets
Fiserv reported quarterly adjusted earnings of $1.79 per share. This figure surpassed the analyst consensus estimate of $1.57. However, this represents a decrease from the $2.14 per share reported in the prior year.
Fiserv Revenue Misses Consensus Estimates
The company posted quarterly sales of $4.675 billion. This missed the analyst consensus estimate of $4.729 billion. Revenue fell compared to $4.789 billion in the same period last year, according to
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