Fidelity National Q3 Earnings Beat Estimates, Ignites $500M Buyback Countdown For Q4

Fidelity National Information Services (NYSE: FIS) reported third-quarter (Q3) revenue of $2.489 billion, which increased 3% on a GAAP basis and 4% on an organic basis.

Q3 adjusted EPS of $1.65 beat the street view of $1.58.

The company presented the operating results of the Worldpay Merchant Solutions business as discontinued operations.

The pending Worldpay transaction is on track for an expected close date in Q1 2024.

Banking Solutions Q3 revenue increased by 3% on a GAAP ...

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