FIS Q1 Profit From Cont. Ops. Decreases - Quick Facts

(RTTNews) - FIS (FIS), a global leader in banking and payments technology as well as consulting and outsourcing solutions, reported first quarter GAAP net earnings from continuing operations attributable to stockholders of $114 million, or $0.40 per share, compared to $157 million, or $0.54 per share in the prior year quarter. Adjusted net earnings from continuing operations attributable to stockholders was $186 million or $0.65 per share, for the quarter.

On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $0.66 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased two percent on a reported basis to $1.55 billion from $1.52 billion a year earlier and five percent on a constant currency basis. Analysts expected revenue of $1.59 billion for the quarter.

FIS' full year 2015 guidance is: reported revenue growth of 1 to 3 percent; and adjusted EPS from continuing operations of $3.27 to $3.37. Analysts expect the company to report 2015 earnings per share of $3.31.