Fiserv, Inc. Second Quarter Earnings Preview

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S&P 500 (NYSE:SPY) component Fiserv, Inc. (NASDAQ:FISV) will unveil its latest earnings on Tuesday, July 26, 2011. Fiserv, Inc. provides information management and electronic commerce systems for the financial services industry.

Fiserv, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.08 per share, a rise of 8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.10. Between one and three months ago, the average estimate moved down, but it has been unchanged at $1.08 during the last month. For the year, analysts are projecting net income of $4.49 per share, a rise of 10.9% from last year.

Past Earnings Performance: The company is hoping to beat estimates after missing the mark for two straight quarters. Last quarter, it reported profit of $1.02 per share against an estimate of net income of $1.04 per share. The quarter before that, it missed forecasts by one cent.

Savvy Investing Tip: Our CHEAT SHEET investing framework recommends only stocks with two straight quarters of earnings growth. Learn More >>

Wall St. Revenue Expectations: On average, analysts predict $1.05 billion in revenue this quarter, a rise of 2.9% from the year ago quarter. Analysts are forecasting total revenue of $4.29 billion for the year, a rise of 3.9% from last year’s revenue of $4.13 billion.

Analyst Ratings: Analysts are bullish on Fiserv as nine analysts rate it as a buy, one rates it as a sell and nine rate it as a hold.

Key Stats:

The company has now seen net income fall in each of the last two quarters. In the first quarter, net income fell 7.4% from the year earlier quarter, while the figure dropped 1.7% in the fourth quarter of the last fiscal year.

Revenue has now gone up for three straight quarters. In first quarter, revenue rose 4% to $1.05 billion while the figure rose 1.5% in the fourth quarter of the last fiscal year from the year earlier and 3.3% in the third quarter of the last fiscal year.

Competitors to Watch: Visa Inc. (NYSE:V), Online Resources Corp. (NASDAQ:ORCC), DST Systems, Inc. (NYSE:DST), Jack Henry & Associates, Inc. (NASDAQ:JKHY), Fidelity National Information Services (NYSE:FIS), Fundtech Ltd. (NASDAQ:FNDT), S1 Corporation (NASDAQ:SONE), ACI Worldwide Inc (NASDAQ:ACIW), and Intuit Inc. (NASDAQ:INTU).

Stock Price Performance: During April 25, 2011 to July 20, 2011, the stock price had fallen $3.10 (-4.9%) from $63.60 to $60.50. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 7.4% (+$4.51) over that span. It saw one of its worst periods between August 9, 2010 and August 13, 2010 when shares fell for five-straight days, falling 4.2% (-$2.18) over that span. Shares are up $1.94 (+3.3%) year to date.

(Source: Xignite Financials)

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