FIS Q4 Profit Surges, Meets View; Sees 2015 Results In Line - Quick Facts

(RTTNews) - IT services provider Fidelity National Information Services, Inc. (FIS) reported fourth-quarter net earnings attributable to common stockholders of $195.3 million or $0.68 per share, up from $71.9 million or $0.25 per share in the prior-year quarter.

Excluding items, adjusted earnings from continuing operations for the quarter were $0.87 per share, compared to last year's $0.75 per share. On average, 20 analysts polled by Thomson-Reuters expected the company to report earnings of $0.87 per share for the quarter. Analysts' estimates typically exclude one-time items.

Revenues for the quarter grew 7 percent to $1.69 billion from $1.57 billion in the same quarter last year. Analysts had a consensus revenue estimate of $1.70 billion for the quarter.

Looking ahead to fiscal 2015, FIS forecast adjusted earnings from continuing operations of $3.37 to $3.49 per share on revenue growth of 5 percent to 7 percent. Street expects the company to earn $3.48 per share on 6.6 percent increase in revenues to $6.86 billion.