Fidelity National Information Services (FIS - Free Report) is scheduled to release third-quarter 2019 earnings on Nov 5, before the opening bell. The company’s earnings and revenues are expected to reflect year-over-year growth.
Notably, Fidelity delivered positive earnings surprises in three of the trailing four quarters, the average beat being 2.01%.
In the last reported quarter, the company’s results were in line with the Zacks Consensus Estimate. Organic revenue growth, lower expenses and expanding margin were the key tailwinds. However, huge outstanding debt posed a headwind. Also, poor performance of Global Financial Solutions segment was a chief concern.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Fidelity National Information Services (FIS - Free Report) is scheduled to release third-quarter 2019 earnings on Nov 5, before the opening bell. The company’s earnings and revenues are expected to reflect year-over-year growth.
Notably, Fidelity delivered positive earnings surprises in three of the trailing four quarters, the average beat being 2.01%.
In the last reported quarter, the company’s results were in line with the Zacks Consensus Estimate. Organic revenue growth, lower expenses and expanding margin were the key tailwinds. However, huge outstanding debt posed a headwind. Also, poor performance of Global Financial Solutions segment was a chief concern.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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