Fiserv, Inc.

**Strong Financial Performance**: Fiserv reported Q3 2024 adjusted earnings per share (EPS) of $2.30, a 17% increase year-over-year, with adjusted revenue growth of 7% to $4.9 billion. Organic revenue growth was particularly strong at 15%, driven mainly by the Merchant Solutions segment, which achieved organic revenue growth of 24%.

**Increased Guidance**: The company raised its full-year guidance for adjusted EPS to $8.73 - $8.80 from the previous range of $8.65 - $8.80 and for organic revenue growth from 15-17% to 16-17%. The adjusted operating margin is anticipated to expand by at least 150 basis points, indicative of solid cost management and improved efficiencies.

**Cash Flow and Buybacks**: Fiserv reported strong free cash flow of $1.9 billion for Q3, totaling $3.3 billion year-to-date. The company returned $1.3 billion to shareholders via share repurchases during the quarter, continuing its trend of returning capital, with over $16 billion returned since the 2019 merger, reflecting strong cash generation and capital allocation.