Fiserv Inc. Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Fiserv, Inc. (NASDAQ:FISV) will unveil its latest earnings on Tuesday, November 1, 2011. Fiserv 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 net income of $1.14 per share, a rise of 9.6% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 11.9% versus last year to $4.53.

Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the second quarter, the company reported profit of $1.13 per share versus a mean estimate of net income of $1.08 per share. In the first quarter, the company missed estimates by 2 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 3.9% in revenue from the year-earlier quarter to $1.06 billion.

Analyst Ratings: 11 out of 19 analysts surveyed (57.9%) have a buy rating on Fiserv.. This is below the mean analyst rating of 10 competitors, which average 62.4% buy ratings. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

A Look Back: In the second quarter, profit fell 29.1% to $90 million (62 cents a share) from $127 million (83 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 4.2% to $1.06 billion from $1.02 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 4% in the first quarter from the year earlier, climbed 1.5% in the fourth quarter of the last fiscal year from the year-ago quarter and 3.3% in the third quarter of the last fiscal year.

The company has seen net income fall in each of the last three quarters. Net income fell 7.4% in the first quarter and 1.7% in the fourth quarter of the last fiscal year.

Competitors to Watch: Visa Inc. (NYSE:V), Online Resources Corp. (NASDAQ:ORCC), DST Systems, Inc. (NYSE:DST), Mastercard (NYSE:MA), Discover Financial (NYSE:DFS), American Express (NYSE:AXP), 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 September 28, 2011 to October 26, 2011, the stock price had risen $7.68 (15.1%) from $50.77 to $58.45. 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 July 22, 2011 and August 2, 2011 when shares fell for eight-straight days, falling 6.9% (-$4.28) over that span. Shares are down 11 cents (-0.2%) year to date.

(Source: Xignite Financials)

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