Fiserv (NASDAQ:FISV) reported quarterly earnings of $1.56 per share which met the analyst consensus estimate. This is a 13.87 percent increase over earnings of $1.37 per share from the same period last year. The company reported quarterly sales of $4.45 billion which beat the analyst consensus estimate of $4.08 billion by 9.07 percent. This is a 9.85 percent increase over sales of $4.05 billion the same period last year.
US Stocks End Higher After CPI Data, Market Volatility Drops Sharply
US stocks settled higher on Thursday, extending gains after data showed a decline in consumer prices for December.
Consumer prices declined for the first time in over 2-1/2 years last month, according to the recent report. A separate report also showed a drop in weekly jobless claims.
Big US banks will kick off the start of the Q4 earnings season on Friday.