By Stephen Nakrosis
Shares of Fiserv touched an all-time high Wednesday, following the release of fourth-quarter results which showed growth in earnings per share and revenue.
Shares of the provider of payments and financial services technology solutions were up 7.4% at $230.17. Earlier in the session, they touched an all-time of $231.20. Year to date, shares are up 61%.
Before the bell, Fiserv reported fourth-quarter earnings per share of $1.64 on revenue of $5.25 billion. In the year-ago period, EPS was $1.45 on revenue of $4.92 billion.
On an adjusted basis, earnings per share were $2.51, up from $2.19 in the year-ago period.
Fiserv said it expects 2025 organic revenue growth of 10% to 12% and 2025 adjusted EPS of $10.10 to $10.30.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
February 05, 2025 14:08 ET (19:08 GMT)
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