Feb 11 (Reuters) - Banking and payments processing firm

Fidelity National Information Services ( FIS ) on Tuesday

forecast first-quarter adjusted profit below Wall Street

estimates, sending its shares down 12.34% in premarket trading.

The company still beat estimates for fourth-quarter

profit, helped by strong consumer spending, but some analysts

have raised concerns that U.S. President Donald Trump's tariff

plans could drive up inflation and prompt Americans to tighten

their budgets.

Lower spending volumes could hurt payment processors such as

FIS that collect transaction fees from financial institutions

and businesses.

The company expects 2025 first-quarter adjusted earnings per

share in the range of $1.17 to $1.22, below analysts' estimates

of $1.28, according to data compiled by LSEG.

However, FIS forecast 2025 adjusted EPS between $5.70 and

$5.80, with the midpoint above expectations of $5.72.

For the fourth quarter, revenue from the company's banking

solutions business rose 1% to $1.72 billion, while its capital

markets segment revenue grew 9%.

On an adjusted basis, its net income was $754 million, or

$1.40 per share, for the three months ended December 31,

compared with $554 million, or 94 cents per share, a year ago.

Analysts had expected a profit of $1.36 per share.

Its revenue rose 3% to $2.60 billion.