NYSE:FISDiversified Financial
Fidelity National Information Services (FIS): Reassessing Valuation After Earnings Beat, Guidance Hike and Larger Buyback
Fidelity National Information Services (FIS) just delivered an earnings beat, raised its full year revenue and EBITDA guidance, and boosted its share buyback plans, a combination that usually forces investors to revisit the stock.
See our latest analysis for Fidelity National Information Services.
Even with the upbeat guidance and larger buyback, sentiment is still resetting. The share price is $65.17 and the year to date share price return is negative 18.63 percent, reinforcing a longer term...