BROOKFIELD (dpa-AFX) - Fiserv, Inc. (FI)a provider of payments and financial
services technology solutions, Wednesday reported a profit of $683 million or
$1.10 per share for the second quarter, higher than $598 million or $0.92 per
share in the same quarter a year ago, helped primarily by revenue growth in
Acceptance as well as Payments segments.

Excluding one-time items, adjusted earnings were $1.119 billion or $1.81 per
share, that beat the average estimate of analysts polled by Thomson-Reuters of
$1.79 per share. Analysts' estimates typically exclude special items.

Revenue for the quarter increased to $4.756 billion from $4.45 billion last
year. The consensus estimate was for $4.54 billion.

Looking forward, the company has raised its full-year outlook. It now sees
adjusted earnings per share in the range of $7.40 - $7.50, up from the previous
outlook of $7.30 - $7.40. Analysts expect the company to report earnings of
$7.37 per share.

Fiserv expects organic revenue to grow in the range of 9%-11%, up from 8%-9%.



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