💨 Abstract

Fidelity National Information Services (FIS) forecasted first-quarter adjusted profits below Wall Street expectations, causing a 12.34% drop in share price. This was due to concerns over U.S. President Trump's tariff plans potentially increasing inflation and reducing consumer spending, which could negatively impact payment processors like FIS. Despite beating fourth-quarter profit estimates, FIS anticipates Q1 adjusted EPS between $1.17

Courtesy: theprint.in

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