Fiserv's U.S. stock plummeted 35% in pre-market trading, with guidance and performance significantly below expectations
Fiserv expects adjusted earnings per share for the full year to be between $8.5 and $8.6, down from the previous estimate of $10.15 to $10.3. Fiserv's adjusted revenue for the third quarter was $4.92 billion, compared to the estimate of $5.33 billion; adjusted earnings per share for the third quarter were $2.04, below the estimate of $2.63