Fidelity National Information Services Q3 Profit Rises - Quick Facts

(RTTNews) - Fidelity National Information Services (FIS) reportedc that its third-quarter net earnings attributable to stockholders increased to $172.3 million or $0.59 per share, from $86.8 million or $0.29 per share, last year. Net earnings from continuing operations attributable to stockholders was $175.6 million, or $0.60 per share, up from $147.8 million, or $0.50 per share, in the year-ago quarter.

Adjusted net earnings from continuing operations attributable to stockholders was $218.0 million or $0.74 per share, for the quarter.

On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $0.71 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased 5 percent on a reported basis to $1.50 billion from $1.44 billion a year earlier. Revenue increased 5 percent on an organic basis, which excludes the impact of acquisitions and changes in foreign currency. Analysts expected revenue of $1.50 billion for the quarter.

Fidelity National Information Services updated its outlook for full-year 2013. The company now expects revenue growth of 4 percent to 5 percent on both a reported and organic basis. Earnings per share from continuing operations is expected to be in the range of $2.80 to $2.87, as adjusted. Analysts expect the company to report full year profit per share of $2.82.