5 Stocks On Investors’ Radar After Earnings Reports

2. Fiserv, Inc. (NASDAQ:FISV)

Number of Hedge Fund Holders: 65

Shares of Fiserv, Inc. (NASDAQ:FISV) turned red on Tuesday, February 8, 2022, after announcing mixed financial results for the fourth quarter. The Wisconsin-based fintech company reported adjusted earnings of $1.57 per share, up 21 percent on a year-over-year basis.

In addition, Fiserv, Inc. (NASDAQ:FISV) posted an adjusted revenue of $4.02 billion, compared to $3.62 billion for the comparable period of 2020. Analysts had projected earnings of $1.56 and revenue of $4.03 billion.

Fiserv, Inc. (NASDAQ:FISV) also released its financial outlook for 2022. It expects adjusted earnings in the range of $6.40 – $6.55 per share and organic revenue growth between 7 – 9 percent for the current year.

Discussing the results, CEO Frank Bisignano said:

“For 2021, Fiserv had another successful year of delivering on our growth agenda – attaining the high end of our original organic revenue growth outlook and coming in well above our original adjusted EPS outlook, all while investing in the business to fuel further growth as we innovate to provide value for our clients.”