Fidelity National Information Services Inc

Fidelity National Information Services opened 2025 with a clean beat on both top and bottom lines, posting adjusted EPS of $1.21 against a consensus of $1.20 and revenue of $2.53 billion against expectations of $2.51 billion, with sales rising 2.6% year over year. The standout driver was Capital Market Solutions, which surged 8% to $764.00 million on the back of a 47% spike in non-recurring revenue and 6% recurring revenue growth, helping offset softer margin dynamics in the larger Banking Solutions segment, where prior-year license fee comparisons weighed on profitability. The quarter was ultimately overshadowed by a blockbuster post-period announcement: FIS agreed to acquire Global Payments' Issuer Solutions business for $13.50 billion while simultaneously divesting its remaining 45% Worldpay stake for $6.60 billion, a move analysts have broadly characterized as a strategically clarifying pivot toward card issuing. Management reiterated its full-year 2025 outlook for revenue of $10.44 billion to $10.49 billion and adjusted EPS of $5.70 to $5.80, implying 9% to 11% earnings growth.