31.10.2023 12:03:18 - dpa-AFX: Global Payments Inc. Q3 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Global Payments Inc. (GPN) released earnings for its
third quarter that increased from the same period last year and beat the Street
estimates.
The company's bottom line totaled $361.83 million, or $1.39 per share. This
compares with $290.45 million, or $1.05 per share, in last year's third quarter.
Excluding items, Global Payments Inc. reported adjusted earnings of $718.63
million or $2.75 per share for the period.
Analysts on average had expected the company to earn $2.71 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 8.3% to $2.48 billion from $2.29
billion last year.
Global Payments Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $361.83 Mln. vs. $290.45 Mln. last year.
-EPS (Q3): $1.39 vs. $1.05 last year.
-Analyst Estimate: $2.71
-Revenue (Q3): $2.48 Bln vs. $2.29 Bln last year.
-Guidance:
Full year EPS guidance: $10.39 to $10.45
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX