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With a market cap of $88.1 billion, Wisconsin-based Fiserv, Inc. (FI) is a leading provider of financial services technology solutions across banking, insurance, healthcare, and investment industries worldwide. The company is expected to announce its fiscal Q2 earnings results on Wednesday, July 24.
Ahead of this event, analysts expect the payments firm to report a profit of $2.09 per share, up 15.5% from $1.81 per share in the year-ago quarter. The company has surpassed or matched Wall Street's bottom-line estimates in each of the last four quarterly reports. Strong consumer spending helped the company surpass the consensus EPS estimate by 6.2% in the most recent quarter.