Fidelity National Shares Drop 16% Following Revenue Miss and Weak 2025 Forecast

The fintech giant fell short of Wall Street expectations for Q4 revenue and issued guidance below analyst projections, despite a rise in adjusted earnings.

• Fidelity National Information Services (FIS) reported Q4 2024 revenue of $2.6 billion, missing Wall Street estimates of $2.63 billion, though adjusted earnings per share exceeded expectations at $1.40 versus $1.36.
• The company issued a softer-than-expected outlook for Q1 2025, forecasting revenue between $2.49 billion and $2.51 billion and adjusted EPS of $1.17 to $1.22, both below analyst projections.
• FIS also projected full-year 2025 revenue of $10.44 billion to $10.50 billion, falling short of the $10.6 billion analysts anticipated, though the company expects business acceleration later in the year.
• CEO Stephanie Ferris highlighted growth in digital solutions sales, which rose 70% year-over-year in 2024, and expressed confidence in stronger performance in 2025.
• The company announced an expanded share repurchase program of $1.2 billion and a new partnership with Affirm to integrate pay-over-time solutions for banking clients.

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