Report
Colin Plunkett
EUR 101.80 For Business Accounts Only

Wide-Moat Fiserv Bounces Back in the Fourth Quarter

Wide-moat Fiserv returned to the strong revenue growth to which investors have become accustomed. In the third quarter, Fiserv produced year-over-year organic revenue growth of only 2%, all of which came from payments. In the fourth quarter, year-over-year growth jumped to 6%. Investors worried by the previous quarter’s flagging growth should be buoyed by the company’s outlook for 2018. Fiserv anticipates organic revenue growth of 4.5% and adjusted earnings per share to be in the range of $6.05 ...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Colin Plunkett

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