Investing.com - Fiserv (NASDAQ:FISV) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.82 on revenue of $1.51M. Analysts polled by Investing.com forecast EPS of $0.81 on revenue of $1.51B. That compared to EPS of $0.75 on revenue of $1.42B in the same period a year earlier. The company had reported EPS of $0.84 on revenue of $1.5B in the previous quarter.
For the year, Fiserv shares are up 31.12%, outperforming the S&P 500 which is up 21.3% year to date.
Fiserv follows other major Technology sector earnings this month
On Thursday, July 18, 2019, Microsoft reported fourth quarter EPS of $1.37 on revenue of $33.72B, compared to forecasts of EPS of $1.21 on revenue of $32.77B.
Alphabet C earnings beat analyst's expectations on Thursday, with second quarter EPS of $14.21 on revenue of $38.94B. Investing.com analysts expected EPS of $11.1 on revenue of $38.16B
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