Fidelity National: Q4 Earnings Snapshot

JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Fidelity National Information Services Inc. (FIS) on Monday reported fourth-quarter earnings of $251 million.

The Jacksonville, Florida-based company said it had profit of 42 cents per share. Earnings, adjusted for one-time gains and costs, came to 94 cents per share.

The results did not meet Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.

The banking and payment technologies company posted revenue of $2.51 billion in the period, which also did not meet Street forecasts. Nine analysts surveyed by Zacks expected $2.52 billion.

For the year, the company reported a loss of $6.65 billion, or $11.26 per share. Revenue was reported as $9.82 billion.

For the current quarter ending in March, Fidelity National expects its per-share earnings to range from 94 cents to 97 cents.

The company said it expects revenue in the range of $2.43 billion to $2.46 billion for the fiscal first quarter.

Fidelity National expects full-year earnings in the range of $4.66 to $4.76 per share, with revenue ranging from $10.1 billion to $10.15 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIS at https://www.zacks.com/ap/FIS