earnings
confidence high
sentiment positive
materiality 0.85
Global Payments Q3 adjusted EPS $2.48 beats, raises margin outlook
GLOBAL PAYMENTS INC
2022-Q3 EPS reported
-$0.49
revenue$6,722,531,000
- GAAP revenue $2.29B vs $2.20B; diluted EPS $1.05 vs $1.01. Adjusted net revenue $2.06B (+6% constant currency).
- Adjusted EPS $2.48 (+14% reported, +18% constant currency) vs $2.18 a year ago.
- Adjusted operating margin expanded 240bps to 45.2%; 2022 margin outlook raised to up to 170bps expansion.
- Received HSR clearance for EVO Payments acquisition and Netspend consumer divestiture; expected close Q1 2023.
- Board declares $0.25/share dividend (payable Dec 30, record Dec 16) and reauthorizes $1.5B share repurchase.