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0.000996525626868498 -0.00455169813353443 0.00535969188504945 -0.00632928438686747 -0.0196886530744162 -0.00611381938646336 -0.00280104500525201 -0.0186107894098953
Stock impact report

Fiserv's quarterly revenue misses on slowdown in payments processing unit [Yahoo! Finance]

Fiserv, Inc. (FI) 
Last fiserv, inc. earnings: 2/25 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
U.S. consumers have begun pulling back on discretionary spending amid worries of a potential economic slowdown brought on by the Trump administration's trade policies, affecting transaction volumes. Wisconsin-based Fiserv collects fees from merchants, banks and credit unions for processing payments and transactions. Processing revenue in the company's merchant solutions unit fell 9% to $276 million in the first quarter, while total merchant solutions revenue increased 5.3% to $2.37 billion. Fiserv reported an adjusted revenue of $4.79 billion, compared with the average analyst estimate of $4.84 billion, according to data compiled by LSEG. On an adjusted basis, the company earned $2.14 per share, beating estimates of $2.08. (Reporting by Prakhar Srivastava in Bengaluru; Editing by Shounak Dasgupta) Show less Read more
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