Fiserv reports Q3 adjusted EPS $2.04, consensus $2.65

Reports Q3 revenue $5.26B, consensus $5.35B. “Along with today’s guidance reset, we have launched One Fiserv (FI), an action plan focused on the pillars that have long distinguished the company, including great client service, value-added technology solutions and leading innovation,” said Mike Lyons, CEO of Fiserv. “Our current performance is not where we want it to be nor where our stakeholders expect it to be. As the world’s largest Fintech, Fiserv has the size, scale and suite of innovative products, networks and platforms, including Clover, to capitalize on the rapidly evolving finance and commerce landscape. With the actions being announced today, Fiserv will be better positioned to drive sustainable, high-quality growth and reach our full potential.”