earnings
confidence high
sentiment positive
materiality 0.75
Global Payments Q3 adj EPS $2.75 beats; raises FY adj EPS outlook to $10.39-$10.45
GLOBAL PAYMENTS INC
2023-Q3 EPS reported
$2.39
revenue$7,220,607,000
- GAAP revenues $2.48B; diluted EPS $1.39 vs $1.05 a year ago.
- Adjusted net revenues $2.23B (+9% YoY); adjusted EPS $2.75 (+11% YoY).
- Adjusted operating margin expanded 50bps to 45.7%.
- FY 2023 adj EPS guidance raised to $10.39-$10.45 (11%-12% growth); adj net revenue reaffirmed $8.660-$8.735B.
- Annual run-rate EVO synergies target increased to ~$135M; dividend of $0.25/share declared.