Fiserv Inc. (FI) shares surged 5.16% in the pre-market session on Wednesday, after the financial services technology company reported better-than-expected fourth-quarter earnings and provided an upbeat outlook for 2025.
For the fourth quarter, Fiserv reported adjusted earnings of $2.51 per share, exceeding analysts' estimates of $2.48 per share. The company's revenue of $5.25 billion also topped expectations of $4.96 billion. The solid results were driven by strong performance across various business segments.
Looking ahead, Fiserv issued an optimistic guidance for 2025, projecting adjusted earnings per share in the range of $10.10 to $10.30 on organic revenue growth of 10% to 12%. The company's forward outlook was well-received by investors, reflecting confidence in its growth prospects and ability to capitalize on emerging opportunities in the financial technology sector.
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