Fidelity National Information Services Reports 29% Increase In Q3 Earnings

(RTTNews) - Fidelity National Information Services (FIS) reported earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line rose to $330 million, or $1.00 per share. This was higher than $255 million, or $0.90 per share, in last year's third quarter.

Analysts had expected the company to earn $0.98 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 46.2% to $2.31 billion. This was up from $1.58 billion last year.

Fidelity National Information Services earnings at a glance:

-Earnings (Q3): $330 Mln. vs. $255 Mln. last year. -Earnings Growth (Y-o-Y): 29.4% -EPS (Q3): $1.00 vs. $0.90 last year. -EPS Growth (Y-o-Y): 11.1% -Analysts Estimate: $0.98 -Revenue (Q3): $2.31 Bln vs. $1.58 Bln last year. -Revenue Change (Y-o-Y): 46.2%

-Guidance: Full year EPS guidance: $3.80 - $3.85