earnings
confidence high
sentiment positive
materiality 0.75
Global Payments Q2 2024: adjusted EPS $2.93 (+12% YoY); reaffirms 2024 outlook
GLOBAL PAYMENTS INC
2024-Q2 EPS reported
$2.68
revenue$4,988,955,000
- GAAP EPS $1.47 (+40%); adjusted EPS $2.93 (+12%); GAAP revenue $2.57B (+5%); adjusted net revenue $2.32B (+6%).
- Adjusted operating margin expanded 40 bps to 45.2%; reaffirms FY2024 adjusted EPS guidance $11.54-$11.70.
- Declares $0.25 per share dividend, payable Sep 27, 2024 to holders of record Sep 13, 2024.
- Announces commerce technology partnerships with Diamond Baseball Holdings and renews issuer relationship with NatWest.