Fidelity National Information Services Inc. (FIS) experienced a sharp decline in its stock price following the release of its fourth-quarter earnings report. The company's shares fell nearly 20% at the market open, ultimately decreasing by about 18% during the trading day. This drop was attributed to mixed results for Q4 2024 and a sales guidance that was approximately 1% below analyst consensus. The firm provided a fiscal year 2025 earnings per share (EPS) guidance of $5.75 at the midpoint, which indicates around 10% growth, but this figure was slightly above the consensus estimate of $5.72. As a result, FIS shares are now trading at approximately 12.5 times earnings, representing less than 60% of the broader market valuation. This decline marks the most significant drop for FIS shares since 2023.