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Investing.com -- On Wednesday, Fiserv (NYSE:FI), Inc. reported its second-quarter results, topping analyst consensus expectations.
The company posted adjusted earnings per share of $2.47, beating the consensus estimate of $2.43. Revenue for the quarter reached $5.52 billion, surpassing the analyst consensus of $5.2 billion.
The global payments and financial services technology provider posted 8% organic revenue growth in the second quarter, with its Merchant Solutions segment growing 9% and Financial Solutions segment increasing 7%. Adjusted EPS rose 16% compared to the same period last year.
The company’s shares fell over 7% following the announcement.
"Our second quarter results of 8% organic revenue growth and 16% adjusted earnings per share growth again demonstrated the power of our diverse business serving both merchants and financial institutions," said Mike Lyons, Chief Executive Officer of Fiserv.
The company refined its full-year 2025 outlook, projecting organic revenue growth of approximately 10% and adjusted earnings per share between $10.15 and $10.30, representing growth of 15% to 17%. The midpoint of the EPS guidance range aligns with the analyst consensus of $10.20.
Fiserv’s adjusted operating margin increased 120 basis points to 39.6% in the second quarter compared to the prior year period. Free cash flow reached $1.54 billion in the first six months of 2025, up from $1.48 billion in the same period last year.
"We are encouraged by our strong pipeline, recent client wins, and the quality of our strategic initiatives, and expect to deliver Fiserv’s 40th consecutive year of double-digit adjusted earnings per share growth," Lyons added.