Origination/Lending
Fidelity National Affirms 2007 Earnings Target
By
PAUL JACKSON
January 14, 2008 1:35 PM CST
Given the uncertainty facing many mortgage-related businesses this earnings season, Fidelity National Information Services, Inc. on Monday affirmed its full-year outlook for 2007 earnings.
“Consistent with its previous guidance issued October 24, 2007, FIS anticipates full year 2007 adjusted net earnings of approximately $1.90 per diluted share, and adjusted cash earnings of approximately $2.44 per diluted share,” the company said in a press statement.
“These expectations are based on a preliminary review of the Company’s unaudited full year and fourth quarter 2007 results, and are subject to adjustments arising in the course of completing the fourth quarter and year end financial closing process.”
FIS stock jumped on the affirmation, rising more than 3 percent to $38.40 when this post was published.
For more information, visit http://www.fidelityinfoservices.com.
Disclosure: The author held no positions in FIS when this post was originally published.
recent stories by department
Origination/Lending
Secondary Market/Investors
Get your HW Fix
Join nearly 10,000 bold subscribers who already get our daily email delivered to their inbox -- it's free, and a great way to ensure you don't miss something.
Events
2009 Dec 09 -- 2009 Dec 10
RMBS: Assessing Value and Risk
This two-day course in New York City will equip market participants with the knowledge and skills to evaluate prime, Alt-A and subprime RMBS portfolios in order to assess their value and understand inherent risks. For more information, visit www.fitchratings.com.
2010 Jan 13 -- 2010 Jan 14
2010 Collection Technology Summit
The Collection Technology Summit is the first industry event to focus solely on collections and its associated technologies and continues to draw top executives from the nation's most prominent institutions. The Collection Technology Summit, where innovation happens. For more information, visit www.collectiontechnology.net
Print This Article







