Q4 24 EPS
$2.51
BEAT +1.21%
Est. $2.48
Q4 24 Revenue
$5.25B
Full Year 2024 Results
FY 24 EPS
$8.80
FY 24 Revenue
$20.46B
Did FISV Beat Earnings? Q4 2024 Results
Fiserv capped 2024 with a fourth-quarter earnings beat, posting adjusted EPS of $2.51 against a consensus estimate of $2.48, a 1.21% beat, as the payments and financial technology giant continued to demonstrate the durability of its growth model. Rev… Read more Fiserv capped 2024 with a fourth-quarter earnings beat, posting adjusted EPS of $2.51 against a consensus estimate of $2.48, a 1.21% beat, as the payments and financial technology giant continued to demonstrate the durability of its growth model. Revenue reached $5.25 billion for the quarter, up 6.8% year-over-year, with the headline figures underpinned by a remarkable 23% organic revenue surge in the Merchant Solutions segment, which generated $2.50 billion in GAAP revenue while expanding its operating margin to 39.2%. Adjusted operating margin for the company overall widened 180 basis points to 42.9%, reflecting sustained operational discipline even as non-cash charges, including a $595.00 million equity investment impairment tied to the Wells Fargo Merchant Services joint venture, weighed on GAAP results. The quarter extended Fiserv's streak to 39 consecutive years of double-digit adjusted EPS growth, a milestone management cited as it issued 2025 guidance calling for organic revenue growth of 10% to 12% and adjusted EPS of $10.10 to $10.30, representing 15% to 17% growth.
Key Takeaways
- • Merchant Solutions organic revenue growth of 23% in Q4 and 27% for the full year
- • Financial Solutions organic revenue growth of 4% in Q4 and 6% for the full year
- • Adjusted operating margin expansion of 180 basis points in Q4 to 42.9%
- • High recurring revenue business model with strong incremental margins
- • 39th consecutive year of double-digit adjusted EPS growth
FISV YoY Financials
Q4 2024 vs Q4 2023, source: SEC Filings
FISV Revenue by Segment
With YoY comparisons, source: SEC Filings
“Fiserv's track record of growth and consistency continued through 2024 — our fourth year in a row of double-digit organic revenue growth and 39th consecutive year of double-digit adjusted earnings per share growth. The strength and sustainability of Fiserv's performance is a testament to our unparalleled business model which generates high recurring revenue, strong incremental margin, and healthy free cash flow.”
— Frank Bisignano, Q4 2024 Earnings Press Release
FISV Earnings Trends
FISV vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FISV EPS Trend
Earnings per share: estimate vs actual
FISV Revenue Trend
Quarterly revenue: estimate vs actual
FISV Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | — | — |
| Q4 25 BEAT FY | $1.91 | $1.99 | +4.19% | $5.28B | +32.59% |
| FY Full Year | $8.60 | $8.64 | +0.50% | $21.19B | +6.53% |
| Q2 25 BEAT | $2.43 | $2.47 | +1.65% | $5.52B | — |
| Q1 25 BEAT | $2.08 | $2.14 | +2.88% | $5.13B | — |
| Q4 24 BEAT FY | $2.48 | $2.51 | +1.21% | $5.25B | — |
| FY Full Year | — | $8.80 | — | $20.46B | — |