Fiserv dips after Q1 revenue miss

ReutersApr 24, 2025 2:25 PM

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Payments firm Fiserv FI.N shares slide ~15.9% to $182.59

Fiserv reports lower-than-expected Q1 adj. revenue, hurt by slowing demand in its payments processing unit

Co reports adjusted revenue of $4.79 bln in Q1, compared with the average estimate of $4.84 bln, according to data compiled by LSEG

Co's Q1 processing revenue in the company's merchant solutions unit falls 9% to $276 mln

32 of 37 brokerages rate the stock "buy" or higher, three "hold" and two "sell" or "strong sell"; their median PT is $254 - LSEG data

Including session's moves, stock down ~12.1% YTD

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