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Valued at a market cap of $42.3 billion, Fidelity National Information Services, Inc. (FIS) provides financial services technology solutions to financial institutions, businesses, and developers worldwide. Operating through segments such as Banking Solutions, Capital Market Solutions, and Merchant Solutions, FIS offers services like core processing, mobile banking, fraud management, and card payment solutions. The Jacksonville, Florida-based is expected to announce its fiscal Q4 earnings results on Monday, Feb. 24.
Ahead of this event, analysts expect the banking and payment technologies company to report a profit of $1.35 per share, up 43.6% from $0.94 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. In Q3, the company exceeded the consensus EPS estimates by a margin of 8.5%.
