This report provides an overview of corporate earnings released on July 23, 2025, across the US, Asia, and Europe, focusing on analyst expectations and whether results met, surpassed, or missed them. Special attention is given to Fiserv, Inc., which saw its stock plunge 21% due to a Q2 organic sales miss. Compiled as of 10:01 PM EEST on July 23, 2025, the report notes that some earnings data may not yet be publicly available due to release timing.
US Corporate Earnings
Fiserv, Inc., a global leader in payments and financial technology, released its Q2 2025 earnings before the market opened on July 23, 2025. Despite surpassing analyst expectations for earnings per share (EPS) of $2.41 and revenue of $5.20 billion, Fiserv’s stock plummeted 21% in trading. The drop was triggered by a miss on organic sales growth, with the company revising its full-year organic revenue growth outlook to ~10%, down from 10%–12%. A slowdown in volume growth at its Clover payment processing unit further fueled investor concerns. Other US companies, including Alphabet (GOOGL), Tesla (TSLA), and T-Mobile (TMUS), were scheduled to report earnings on the same day, but their results were not yet available. Analysts expected Alphabet to report $94 billion in revenue and $2.15 EPS, Tesla to post $24.9 billion in revenue and $0.40 EPS, and T-Mobile to show strong customer growth.
Asian Corporate Earnings
No specific earnings results for Asian companies on July 23, 2025, were available. However, the Asian market saw positive sentiment, with the MSCI Asia Ex Japan Index up 6.1% in June 2025, driven by tech-heavy markets like South Korea and Taiwan. Companies like Shin Zu Shing in Taiwan were projected to see 34.8% annual earnings growth, but specific results for the date were not indexed.
European Corporate Earnings
Similarly, no specific European earnings results for July 23, 2025, were found. The European market faced pressures from US tariff uncertainties, with STOXX 600 companies expected to report a 0.3% Q2 earnings decline. Companies like Equinor (EQNR) and Thermo Fisher (TMO) were slated to release earnings, but results were not yet available.
Market Context
The Q2 2025 earnings season unfolded amid global trade uncertainties, particularly US tariffs, impacting investor sentiment. US S&P 500 earnings were projected to grow 7.5% year-over-year, while Asian markets benefited from trade optimism, and European markets navigated tariff-related challenges.
Fiserv’s 21% stock drop due to an organic sales miss overshadowed its earnings beat. Results for other US, Asian, and European companies were not yet available, likely due to release timing. Investors should monitor company websites and financial news for updates. Global trade dynamics continue to shape earnings outcomes and market reactions.
