Fiserv (NYSE: FI) missed on Q3 earnings and revenue, leading to a sharp guidance reset and new strategic plan. Adjusted EPS of $2.04 and revenue of $5.26B fell short. Operating income was $1.67B with a strong operating margin. Full-year adjusted EPS guidance was lowered. Management launched “One Fiserv” action plan to improve performance.

CEO Mike Lyons acknowledged underperformance and launched “One Fiserv” plan for improvement. It’s crucial to monitor Financial Solutions in Q4 for growth signals. Analysts are cautious about demand trends. The stock is trading below target prices, offering potential if execution improves. Pay attention to management commentary and One Fiserv progress.

Read more at Yahoo Finance: Fiserv Falls off a Cliff After Q3 Earnings