Fidelity National Information Services Announces 11% Increase In Q3 Profit

(RTTNews) - Fidelity National Information Services (FIS) reported a profit for its third quarter that climbed from last year.

The company said its bottom line climbed to $254.7 million, or $0.90 per share. This was up from $229.4 million, or $0.80 per share, in last year's third quarter.

Analysts had expected the company to earn $0.91 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.9% to $1.58 billion. This was down from $1.61 billion last year.

Fidelity National Information Services earnings at a glance:

-Earnings (Q3): $254.7 Mln. vs. $229.4 Mln. last year. -Earnings Growth (Y-o-Y): 11.0% -EPS (Q3): $0.90 vs. $0.80 last year. -EPS Growth (Y-o-Y): 12.5% -Analysts Estimate: $0.91 -Revenue (Q3): $1.58 Bln vs. $1.61 Bln last year. -Revenue Change (Y-o-Y): -1.9%