U.S. stocks lower as investors rotate out of tech ahead of Jackson Hole
Investing.com - Fiserv reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Fiserv announced earnings per share of $1.3 on revenue of $3.62B. Analysts polled by Investing.com EPS of $1.29 on revenue of $3.73B.
Fiserv 's are down 0% and is trading at $113.51 , still down 8.91% from its 52 week high of $124.61 set on Tuesday, February 11, 2020.
Fiserv follows other major Technology sector earnings this month
Fiserv's report follows an earnings beat by Apple on Wednesday, January 27, 2021, who reported EPS of $1.68 on revenue of $111.44B, EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on Tuesday, January 26, 2021 with second quarter EPS of $2.03 on revenue of $43.08B, for EPS of $1.64 on revenue of $40.22B.
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