• Fiserv Earns $1.37 per Share

    1 month ago - By Crossing Wall Street

    We had two more Buy List earnings reports this morning. First up is Fiserv. The payments company reported Q2 earnings of $1.37 per share. That topped Wall Street's consensus by nine cents per share, and it was up 47% over last year's Q2. I was very impressed by these numbers.
    Quarterly revenue increased 20% to $3.86 billion. Internal revenue growth was 18%. That was led by 41% growth in the Acceptance segment, 5% in Fintech and 7% in Payments.
    “We had a very strong quarter driven by both macroeconomic tailwinds and the execution of our business strategy focused on winning business with new...
    Read more ...

     

  • Four More Earnings Reports This Morning

    1 month ago - By Crossing Wall Street

    We had four morning earnings reports this morning.
    Let's start with Moody's. The credit-ratings agency earned $3.22 per share for Q2. That's up 15% from last year. Expectations were for $2.74 per share.
    Total revenue was up 8% to $1.6 billion. Breaking that down, Moody's Investors Service was up 4% to $980 million. Moody's Analytics was up 15% to $573 million. Moody's adjusted operating margin was 55.4%.
    Now for the best news. Moody's raised its full-year guidance. They now see full-year earnings between $11.55 and $11.85 per share. The old range was $11.00 to $11.30 per share. This is its...
    Read more ...

     

  • AFLAC Earns $1.59 per Share

    1 month ago - By Crossing Wall Street

    After the closing bell, AFLAC reported Q2 operating earnings of $1.59 per share. That's an increase of 24.2% and it beat the Street's consensus of $1.27 per share. The weaker yen/dollar exchange rate impacted earnings by one penny per share. Total revenues for the quarter increased from $5.4 billion to $5.6 billion. For the first six months of this year, AFLAC has made $3.10 per share.
    Here are some highlights:
    Shareholders' equity was $33.7 billion, or $50.20 per share, at June 30, 2021, compared with $29.4 billion, or $41.21 per share, at June 30, 2020.
    Adjusted earnings in the second...
    Read more ...