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With a market cap of $40.5 billion, Fidelity National Information Services, Inc. (FIS) engages in the provision of financial services technology solutions for financial institutions, businesses, and developers worldwide. Founded in 1968, the Jacksonville, Florida-based company operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments.
The company is set to report its Q1 earnings on Tuesday, May 6, before the market opens. Ahead of the event, analysts expect FIS to report an EPS of $1.20 per share, up 9.1% from $1.10 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in all of the past four quarters, which is impressive. Its EPS of $1.40 in the recent quarter surpassed the analysts’ expectations by 3.7%.