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Fiserv Inc. Q3 Profit Advances 13%

Fiserv Inc. (FISV) released earnings for its third quarter that increased from last year.

The company said its bottom line advanced to $245 million, or $1.03 per share. This was higher than $216 million, or $0.86 per share, in last year's third quarter.

Analysts had expected the company to earn $0.97 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.0% to $1.31 billion. This was up from $1.26 billion last year.

Fiserv Inc. earnings at a glance:

-Earnings (Q3): $245 Mln. vs. $216 Mln. last year.
-Earnings Growth (Y-o-Y): 13.4%
-EPS (Q3): $1.03 vs. $0.86 last year.
-EPS Growth (Y-o-Y): 19.8%
-Analysts Estimate: $0.97
-Revenue (Q3): $1.31 Bln vs. $1.26 Bln last year.
-Revenue Change (Y-o-Y): 4.0%

-Guidance:
Full year EPS guidance: $3.84 - $3.87

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Inflation data from the U.S. garnered maximum attention this week on the economics front, along with the interest rate decision by the European Central Bank. Read our stories to find out how these two key events are set to influence monetary policy in the months ahead. Other main news from the U.S. were the release of the minutes of the latest Fed policy session and the jobless claims data. Elsewhere, the interest rate decision by the Bank of Canada was also in focus.

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