Fidelity National: Q4 Earnings Snapshot

JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Fidelity National Information Services Inc. (FIS) on Monday reported a fourth-quarter loss of $17.36 billion, after reporting a profit in the same period a year earlier.

On a per-share basis, the Jacksonville, Florida-based company said it had a loss of $29.28. Earnings, adjusted for non-recurring costs, were $1.71 per share.

The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.70 per share.

The banking and payment technologies company posted revenue of $3.71 billion in the period, also topping Street forecasts. Ten analysts surveyed by Zacks expected $3.68 billion.