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Fiserv (FISV) Set to Report Q1 Earnings: What's in the Cards?

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·3 min read
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Fiserv, Inc. FISV is scheduled to report first-quarter 2022 results on Apr 27, before the bell.

Let's check out how things have shaped up for Fiserv prior to the announcement:

Q1 Expectations

The Zacks Consensus Estimate for revenues is pegged at $3.84 billion, indicating growth of 7.9% from the year-ago reported figure. Strength across all segments — Merchant Acceptance, FinTech, and Payments and Network — is likely to have boosted the company’s top-line growth.

Segment-wise, growth in the Merchant Acceptance segment is expected to have been aided by strength across the company’s SMB, Clover and Carat platforms, and the suite of ISV Solutions

The FinTech segment is expected to have been aided by growing demand for digital banking and digital solution offerings, as well as strength from the addition of new core account-processing clients.

The Payments and Network segment is likely to have been aided by strength in the company’s card services, output solutions and prepaid businesses, including the benefit from debit transactions and strength across Zelle transactions. Solid transaction growth in the company’s account-to-account transfers and P2P solutions is expected to have acted as tailwinds.

The Zacks Consensus Estimate for Fiserv’s first-quarter 2022 earnings is pegged at $1.36 per share, indicating growth of 16.2%.

What Our Model Says

Our proven model does not conclusively predict an earnings beat for Fiserv this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Fiserv has an Earnings ESP of -0.36% and a Zacks Rank #3.

Fiserv, Inc. Price and EPS Surprise

Fiserv, Inc. Price and EPS Surprise
Fiserv, Inc. Price and EPS Surprise

Fiserv, Inc. price-eps-surprise | Fiserv, Inc. Quote

Stocks to Consider

Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat on their first-quarter 2022 earnings:

Cross Country Healthcare CCRN has an Earnings ESP of +1.67% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Cross Country Healthcare has an expected earnings growth rate of 15.4% for the current year. The company has delivered a trailing four-quarter earnings surprise of 41.5%, on average.

Cross Country Healthcare’s shares have surged 62.6% in the past year. The company has a long-term earnings growth rate of 6.5%.

Huron Consulting HURN has an Earnings ESP of +38.26% and a Zacks Rank #2.

Huron Consulting has an expected earnings growth rate of 16.5% for the current year.

Huron Consulting has delivered a trailing four-quarter earnings surprise of 13.4%, on average.

WEX WEX has an Earnings ESP of +1.82% and a Zacks Rank #3.

WEX hasan expected earnings growth rate of 27.6% for the current year. The company has delivered a trailing four-quarter earnings surprise of 9.9%, on average.

WEX has a long-term earnings growth of 17.4%.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Fiserv, Inc. (FISV) : Free Stock Analysis Report

Huron Consulting Group Inc. (HURN) : Free Stock Analysis Report

Cross Country Healthcare, Inc. (CCRN) : Free Stock Analysis Report

WEX Inc. (WEX) : Free Stock Analysis Report

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