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Services | Business Services | USA
Global Payments' stock gains after profit beat, buybacks boost

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Net income fell to $75.2 million, or 47 cents a share, from $242.0 million, or $1.51 a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to $1.33, above the FactSet consensus of $1.32. Net revenue fell to $880.6 million from $1.05 billion a year ago. Adjusted revenue plus network fees, which reflects the adoption of new accounting standards, rose to $1.038 billion from $923.74 million, in line with the FactSet consensus of $1.036 billion. For 2019, the company expects adjusted EPS of $5.90 to $6.10 and adjusted revenue plus network fees of $4.43 billion to $4.49 billion,

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https://www.marketwatch.com/story/global...yptr=yahoo

Global Payments (GPN) Tops Q1 Earnings and Revenue Estimates

Global Payments (GPN) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 3.08%. A quarter ago, it was expected that this electronics payment processing company would post earnings of $1.32 per share when it actually produced earnings of $1.33, delivering a surprise of 0.76%.

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https://finance.yahoo.com/news/global-pa...12767.html