Investing.com - Fidelity National Info (NYSE:FIS) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Fidelity National Info announced earnings per share of $1.28 on revenue of $3.08B. Analysts polled by Investing.com anticipated EPS of $1.27 on revenue of $3.15B. That with comparison to EPS of $1.64 on revenue of $2.06B in the same period a year before.Fidelity National Info had reported EPS of $1.57 on revenue of $3.34B in the previous quarter.Analysts are expecting EPS of $1.3 and revenue of $3.14B in the upcoming quarter.
Fidelity National Info shares are down 5.16% from the beginning of the year and are trading at $131.91 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.21% year to date.
Fidelity National Info follows other major Financial sector earnings this month
Fidelity National Info's report follows an earnings missed by Berkshire Hathaway on Saturday, who reported EPS of $3608.56 on revenue of $26.06B, compared to forecasts EPS of $3777.89 on revenue of $63.31B.
JPMorgan had missed expectations on Tuesday, April 14, 2020 with first quarter EPS of $0.78 on revenue of $29.07B, compared to forecast for EPS of $1.87 on revenue of $29.54B.
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