BROOKFIELD (dpa-AFX) - Fiserv, Inc. (FI) said it now expects full year 2023
organic revenue growth of 11%, updated from prior guidance range of 9% - 11%.
The company now expects adjusted earnings per share in a range of $7.47 to
$7.52, a growth in a range of 15% to 16%. Previous guidance was a range of $7.40
- $7.50, or a projected growth of 14% - 16%.

Third quarter net income attributable to Fiserv increased to $952 million from
$481 million, last year. GAAP earnings per share was $1.56, an increase of 108%,
from a year ago. Adjusted earnings per share increased 20% to $1.96. On average,
26 analysts polled by Thomson Reuters expected the company to report profit per
share of $1.93, for the quarter. Analysts' estimates typically exclude special
items.

Third quarter GAAP revenue increased 8% to $4.87 billion. Adjusted revenue
increased 8% to $4.62 billion. Organic revenue growth was 12%, led by 20% growth
in the Acceptance segment and 6% growth in both the Payments and Fintech
segments. Analysts on average had estimated $4.6 billion in revenue.

Shares of Fiserv are up 4% in pre-market trade on Tuesday.

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