Fidelity National Information Services Q2 adjusted earnings Beat Estimates

Fidelity National Information Services (FIS) announced earnings for second quarter that fell from the same period last year.

The company's bottom line came in at $19 million, or $0.03 per share. This compares with $154 million, or $0.47 per share, in last year's second quarter.

Excluding items, Fidelity National Information Services reported adjusted earnings of $718 million or $1.15 per share for the period.

Analysts had expected the company to earn $1.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 40.3% to $2.96 billion from $2.11 billion last year.

Fidelity National Information Services earnings at a glance:

-Earnings (Q2): $718 Mln. vs. $424 Mln. last year.
-EPS (Q2): $1.15 vs. $1.30 last year.
-Analysts Estimate: $1.10
-Revenue (Q2): $2.96 Bln vs. $2.11 Bln last year.

by RTTNews Staff Writer

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