Overview

* FIS Q3 revenue grows 6% to $2.7 bln, beating analyst expectations

* Adjusted EPS for Q3 rises 8% to $1.51, surpassing consensus

* Company raises full-year 2025 outlook for revenue, adjusted EBITDA, and free cash flow

Outlook

* FIS raises full-year 2025 revenue growth outlook to 5.4%-5.7%

* Company expects full-year 2025 adjusted EPS growth of 10%-11%

* FIS increases target for adjusted free cash flow conversion to >85%

Result Drivers

* DISCIPLINED EXECUTION - CEO Stephanie Ferris attributes strong Q3 results to disciplined execution and outperformance against financial commitments

* STRONG SALES PERFORMANCE - Favorable market environment and differentiated positioning led to strong sales across all business segments

* PRODUCT ENHANCEMENT - Acquisition of Amount and operational excellence initiatives enhance product suite and client value

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $2.71 $2.65

REVENUE bln bln (21

Analysts

)

Q3 Beat $1.51 $1.48

Adjusted (23

EPS Analysts

)

Q3 Beat $789 mln $777.36

Adjusted mln (16

Net Analysts

Income )

Q3 Beat $1.13 $1.11

Adjusted bln bln (20

EBITDA Analysts

)

Q3 41.80%

Adjusted

EBITDA

Margin

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the financial technology (fintech) peer group is "buy"

* Wall Street's median 12-month price target for Fidelity National Information Services Inc ( FIS ) is $85.00, about 25.7% above its November 4 closing price of $63.15

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)