Block's stock tanks after revenue miss [Yahoo! Finance]
Fiserv, Inc. (FI)
Last fiserv, inc. earnings: 2/25 07:00 am
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Source: Yahoo! Finance
reporting third quarter revenue of $5.98 billion, lower than analysts' projections of $6.24 billion. The payment company also reported $2.25 billion in gross profit for the quarter ending September 30, up 19% from the prior year. Net income was $283 billion, up from a loss of $88.7 billion the prior year, and earnings per share of $0.88, compared to analysts' projections of $0.87. Block's Cash App transfer app, which supports payments for Block's consumer and merchant customers, reported $1.31 billion in gross profit, up 21% over the prior year. The company said active monthly users of Cash App's card users passed 24 million, up 11% from 2023. Block's stock was trading at about $68 per share Thursday evening. Last year, Block's stock increased from about $55 per share to its current level. That followed a decline from about $247 per share in 2021 to as low as $43 per share in October 2023. Block reorganized its business to spur growth after a technology slowdown in 2022 and 20
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News
- Why Is Fiserv (FI) Up 7.7% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- The Rise of AI in Finance Market: A $190.33 billion Industry Dominated by Tech Giants - Google (US), Microsoft (US), Zoho (India), IBM (US)| MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Fiserv (FI): Driving Fintech Growth with Clover's Global Expansion [Yahoo! Finance]Yahoo! Finance
- Fiserv, Inc. (NYSE: FI) is now covered by analysts at Compass Point. They set a "buy" rating and a $278.00 price target on the stock.MarketBeat
- Retail IoT Applications Analysis Report 2024-2028 with In-depth profiles of 175+ Key Players [Yahoo! Finance]Yahoo! Finance
FI
Earnings
- 10/22/24 - Beat
FI
Sec Filings
- 11/19/24 - Form 4
- 11/15/24 - Form 4
- 11/14/24 - Form 4
- FI's page on the SEC website