Fidelity National Information Services (NYSE:FIS) Posts Earnings Results, Beats Estimates By $0.01 EPS

Fidelity National Information Services (NYSE:FIS) posted its quarterly earnings data on Wednesday. The information technology services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.01, FiscalAI reports. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.43 billion. During the same quarter last year, the company posted $1.51 EPS. The business’s quarterly revenue was up 27.1% on a year-over-year basis.

Here are the key takeaways from Fidelity National Information Services’ conference call:

• FIS reported third-quarter pro forma revenue growth of 3.7%, adjusted EPS growth of 6.6%, and 94 basis points of margin expansion. Year-to-date free cash flow rose 57% to $1.9 billion, and the company reaffirmed its full-year outlook of approximately $2.2 billion.
• FIS cut its 2026 revenue and earnings outlook, citing delayed client implementations, bank consolidation, lower demand for traditional licenses, and the prepaid-business divestiture. Full-year margin expansion is now expected at 20–30 basis points, and adjusted EPS growth at 1.2%–2.4%.
• The preliminary 2027 outlook points to revenue growth ranging from down 0.5% to up 1.0%, flat-to-down margins, and an adjusted EPS decline in the high-single- to low-double-digit range. Management attributed much of the pressure to lapping partnership revenue and unusually high bank termination fees, and expects these headwinds to largely fade in 2028.
• Management said demand remains strong, recurring ACV renewals are in the high 90s, and nearly all delayed client conversions are contractually secured and replanned. FIS is prioritizing subscription and SaaS sales, which it expects to support more durable recurring revenue over time.
• FIS plans continued investment in cybersecurity and resiliency, which management said will weigh on margins; it also expects higher-than-usual security spending and depreciation. CFO James Kehoe is leaving, with Alex Brooks serving as interim CFO while the board searches for a permanent successor.

Fidelity National Information Services Trading Down 1.2%

Fidelity National Information Services stock traded down $0.36 during mid-day trading on Thursday, hitting $29.40. The company’s stock had a trading volume of 18,182,254 shares, compared to its average volume of 6,233,688. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The stock has a market cap of $15.20 billion, a price-to-earnings ratio of 4.52, a price-to-earnings-growth ratio of 0.46 and a beta of 0.84. The business has a 50 day moving average price of $36.70 and a 200-day moving average price of $43.48. Fidelity National Information Services has a 12 month low of $28.87 and a 12 month high of $68.37.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 28th. Investors of record on Monday, December 14th will be given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Monday, December 14th. Fidelity National Information Services’s dividend payout ratio (DPR) is presently 27.04%.

Trending Headlines about Fidelity National Information Services

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: Third-quarter adjusted EPS of $1.61 slightly beat the $1.60 consensus, while revenue of $3.45 billion topped estimates of $3.43 billion and rose 27.1% year over year. Read More.
• Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the cited $6.20 analyst estimate. It also lowered its 2026 Banking Solutions revenue-growth forecast to 3.5%–4% from 5%–5.5%, citing delayed client conversions and project timing. Read More.
• Negative Sentiment: The company plans to halt share buybacks and defer some M&A as it focuses on paying down debt, limiting near-term capital returns. Read More.
• Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. The departure adds uncertainty during an already difficult outlook update. Read More.
• Negative Sentiment: Several firms lowered price targets, and Bank of America and RBC cut their ratings. These revisions reinforce investor concern about slower growth, even though the new targets generally remain above the share price. Read More.
• Neutral Sentiment: Shareholder-law firms announced investigations following the outlook reduction. These notices add headline risk but do not by themselves establish wrongdoing or predict the outcome. Read More.

Insider Transactions at Fidelity National Information Services

In related news, Director Jeffrey Goldstein acquired 1,585 shares of Fidelity National Information Services stock in a transaction dated Thursday, October 15th. The shares were purchased at an average cost of $36.40 per share, with a total value of $57,694.00. Following the completion of the purchase, the director owned 18,697 shares of the company’s stock, valued at $680,570.80. This represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts recently commented on FIS shares. Susquehanna reduced their target price on Fidelity National Information Services from $37.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday. Oppenheimer lowered Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Cantor Fitzgerald cut their price objective on Fidelity National Information Services from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, October 16th. Barclays reduced their price objective on Fidelity National Information Services from $38.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Thursday. Finally, Raymond James Financial reissued an “outperform” rating and set a $35.00 price objective on shares of Fidelity National Information Services in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $43.24.

About Fidelity National Information Services

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.

FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.