JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Fidelity National Information Services Inc. (FIS) on Tuesday reported a loss of $470 million in its second quarter.
On a per-share basis, the Jacksonville, Florida-based company said it had a loss of 90 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to $1.36 per share.
The results met Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was also for earnings of $1.36 per share.
The banking and payment technologies company posted revenue of $2.62 billion in the period, which topped Street forecasts. Nine analysts surveyed by Zacks expected $2.58 billion.
For the current quarter ending in September, Fidelity National expects its per-share earnings to range from $1.46 to $1.50.
The company said it expects revenue in the range of $2.65 billion to $2.67 billion for the fiscal third quarter.
Fidelity National expects full-year earnings in the range of $5.72 to $5.80 per share, with revenue ranging from $10.52 billion to $10.57 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FIS at https://www.zacks.com/ap/FIS
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