Fiserv (FI) Stock: Earnings Miss Sends Investors Running for the Hills

TLDR Fiserv shares dropped 44% on Wednesday, marking the company’s worst single-day decline in its history The company slashed full-year adjusted earnings guidance to $8.50-$8.60 per share from previous range of $10.15-$10.30 Third quarter adjusted earnings came in at $2.04 per share, missing analyst estimates of $2.64 by $0.61 Revenue grew slightly to $5.26 billion [...]

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