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Fiserv plummets after trimming full-year guidance despite largely positive Q2 results

The payment tech company has now lost over a third of its value this year as growth concerns mount.

Nia Warfield

Frank's International shares sank over 20% Wednesday morning after the company topped Q2 estimates but narrowed its full-year earnings forecast.

Adjusted earnings per share came in at $2.47 for the quarter, slightly ahead of Street estimates for $2.44. Meanwhile, revenue totaled $5.20 billion, also coming in roughly in line with expectations.

Fiserv provides payments and financial tech services that supports credit unions, traditional banks, and businesses ranging from small merchants to large enterprises. Last month, the company announced plans to launch a new digital asset platform, including a proprietary stablecoin, FIUSD, which boosted shares at the time. 

Still, the company is facing profitability pressures. Fiserv now expects 2025 adjusted EPS of $10.15 to $10.30, compared with its previous range of $10.10 to $10.30. 

While the forecast is still in line with consensus, the narrowed range reflects recent margin pressure, particularly in its merchant business, as Fiserv integrates a number of recent acquisitions and ramps up its product and marketing spend.

“We’re now at 10% organic growth, so we don’t have quite as much volume to help override or offset some of that M&A activity,” the company said on its earnings call. “[That] caused us to take the full year down from that 125 to 100 basis points.”

Fiserv shares are now down about 37% year to date.

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Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report

Did Nike do it?

Investors had a mixed reaction after the global sports apparel company reported its fourth quarter earnings on Tuesday after the bell. Shares initially rose 5% as Nike beat out Wall Street expectations amid a hefty tariff refund bonus. However, the stock then sank to its lowest level since August 2014 in postmarket trading.

Here are the Q4 numbers:

  • Revenue of $11.0 billion (estimate: $10.8 billion).

  • Adjusted earnings per share of $0.20 (estimate: $0.12).

Ahead of this report, Nike warned that results would be flattered by a one-time tariff refund (now estimated at roughly $0.52 per share for the bottom line). That gave the company an extra cushion in snapping its streak of seven quarters of year-over-year profit declines.

Over the past year, the company had been punished by tariffs on imported goods, stagnant consumer spending, and increasing competition from other footwear brands like New Balance, Adidas, and Hoka.

Outgoing CFO Matthew Friend deemed it an “increasingly challenging operating environment, where sell-through remains challenged.”

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