What do FI's past earnings say about its stability?

Fiserv's past earnings performance indicates a stable and growing financial trend, supported by several key metrics:

1. **Consistent Growth**: The company has demonstrated consistent growth in its GAAP revenue and earnings per share (EPS) over the past years. For instance, in the fourth quarter of 2024, Fiserv reported a 7% increase in GAAP revenue and a 13% increase in GAAP EPS compared to the prior year.
2. **Organic Revenue Growth**: Fiserv's organic revenue growth has been robust, with a 13% increase in the quarter and a 16% increase for the full year 2024. This indicates a strong base of recurring business, which is a positive sign for stability.
3. **Cash Flow Health**: The company's cash flow has also been healthy, with operating cash flow reaching $6.63 billion for the full year 2024. This is a critical indicator of its ability to generate sufficient cash to support operations and invest in growth.
4. **Earnings Beat Expectations**: Fiserv's earnings have consistently beaten market expectations, as evidenced by the company's adjusted EPS of $1.12 billion or $1.88 per share in the first quarter 2025, surpassing analysts' estimates.
5. **Stable Operating Margins**: The company's operating margins have remained stable, with GAAP operating margins ranging from 26.3% to 31.8% over the past years. This suggests efficient management of costs and a strong profitability profile.
6. **Positive Outlook**: Fiserv's guidance for the upcoming year includes an organic revenue growth outlook of 10% to 12% and an adjusted EPS outlook of $10.10 to $10.30, representing a 15% to 17% growth. This positive outlook reflects confidence in maintaining its growth trajectory and stability.

In conclusion, Fiserv's past earnings performance, consistent growth, strong cash flow, and positive outlook all point to a stable and resilient financial position.