Fiserv provides medium-term outlook ahead of investor day

Fiserv (FISV) expects a compounded annual growth rate for adjusted revenue of 4% to 6% from 2026 to 2029. The company also expects to achieve adjusted operating margins in excess of 37% in 2029 and adjusted earnings per share to grow in the double-digit range for 2027 to 2029 and be in excess of $12.00 in 2029. Additionally, the company expects free cash flow conversion of approximately 90% of adjusted net income for 2027 to 2029.