FIS reports Q1 adjusted EPS $1.21, consensus $1.20

Reports Q1 revenue $2.53B, consensus $2.51B. “We had a great start to the year, delivering another quarter of financial outperformance, giving us the confidence to reiterate our full-year outlook,” said FIS (FIS) CEO and President Stephanie Ferris. “We are very excited about our recently announced strategic transactions that will allow us to fully monetize our Worldpay stake at an attractive valuation and strengthen our financial profile with the acquisition of the Issuer Solutions business. These strategic transactions will expand FIS’ payment product suite, enhancing our relationships with financial institutions and corporate clients.”