Investing.com - Fiserv (NASDAQ:FISV) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that was inline with forecasts.
The firm reported earnings per share of $0.84 on revenue of $1.55B. Analysts polled by Investing.com expected EPS of $0.86 on revenue of $1.55B. That compared to EPS of $0.70 on revenue of $1.52B in the same period a year earlier. The company had reported EPS of $0.75 on revenue of $1.41B in the previous quarter.
For the year, Fiserv shares are up 14.31%, outperforming the Nasdaq 100 which is up 11.39% year to date.
Fiserv follows other major Technology sector earnings this month
On Thursday, January 24, 2019, Intel reported fourth quarter EPS of $1.28 on revenue of $18.66B, compared to forecasts of EPS of $1.22 on revenue of $19.01B.
SAP ADR earnings missed analyst's expectations on Tuesday, January 29, 2019, with fourth quarter EPS of $1.72 on revenue of $8.49B. Investing.com analysts expected EPS of $1.78 on revenue of $8.24B
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