Investing.com - Fiserv (NASDAQ:FISV) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.84 on revenue of $1.5B. Analysts polled by Investing.com expected EPS of $0.83 on revenue of $1.51B. That compared to EPS of $0.76 on revenue of $1.44B in the same period a year earlier. The company had reported EPS of $0.84 on revenue of $1.55B in the previous quarter.
For the year, Fiserv shares are up 18.71%, broadly in line with the S&P 500 which is up 18.94% year to date.
Fiserv follows other major Technology sector earnings this month
On Wednesday, April 24, 2019, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.88B.
Alphabet C earnings missed analyst's expectations on Monday, with first quarter EPS of $9.5 on revenue of $36.34B. Investing.com analysts expected EPS of $10.53 on revenue of $37.3B
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