Fiserv Earnings inline, Revenue Beats In Q2 By

© Reuters. Fiserv Earnings inline, Revenue Beats In Q2 – Fiserv (NASDAQ:) reported on Wednesday second quarter that matched analysts’ forecasts and revenue that topped expectations.

Fiserv announced earnings per share of $0.93 on revenue of $3.47B. Analysts polled by anticipated EPS of $0.93 on revenue of $3.32B.

Fiserv shares are down 15% from the beginning of the year, still down 21.55% from its 52 week high of $125.05 set on February 4. They are under-performing the Nasdaq which is up 22.58% from the start of the year.

Fiserv follows other major Technology sector earnings this month

Fiserv’s report follows an earnings beat by Apple on July 30, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.24B.

Microsoft had beat expectations on July 22 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.

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