Fiserv Inc. (NYSE:FISV) stock traded lower Thursday after the payments technology company reported mixed second-quarter results, with adjusted earnings missing Wall Street estimates despite a revenue beat. The company also lowered its full-year 2026 adjusted earnings guidance to below analysts’ expectations.
Q2 Earnings Miss Despite Revenue Beat
Adjusted earnings came in at $1.84 per share, below the consensus estimate of $1.91. Revenue totaled $5.29 billion, topping analysts’ expectations of $5.04 billion but declining 4% from a year earlier. GAAP earnings per share fell 37% year over year to $1.17, while adjusted EPS declined 26%.
Revenue Trends and Margin Pressure
Organic revenue decreased 5% during the quarter, reflecting a 1% decline in Merchant Solutions and an 8% drop in Financial Solutions. Adjusted operating margin narrowed to 31.8% from 39.6% a year earlier, while free cash flow for the first six months declined to $1.36 billion from $1.55 billion.
