Fiserv ($FI) shares plunge 12.9% despite Q2 beat, hitting $144.44 pre-market

Fiserv (FI) shares fell 12.98% in pre-market trading on July 23, 2025, to $144.44, down from the prior close of $165.98.

The drop followed the company’s Q2 results, which beat expectations with revenue of $5.52 billion and EPS of $2.47—year-over-year increases of 8.02% and 15.97%, respectively.

Despite these beats, shares declined after Fiserv issued a slightly narrowed FY 2025 earnings outlook of $10.15–$10.30 per share, compared to consensus estimates of $10.20.