For the quarter ended December 2023, Global Payments (GPN) reported revenue of $2.19 billion, up 8.1% over the same period last year. EPS came in at $2.65, compared to $2.42 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.18 billion, representing a surprise of +0.21%. The company delivered an EPS surprise of +0.76%, with the consensus EPS estimate being $2.63.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Global Payments, a U.S.-based payment processing company, is reportedly nearing a deal to acquire Takepayments, a British payment services provider, in a move to expand its business abroad.The transaction is expected to value Takepayments at over $250 million, although the details of the deal are still being worked out, Reuters reported Tuesday (Feb. 13), citing unnamed sources. Global Payments emerged as the preferred bidder in the sale process, beating out other interested parties.Global Payments did not ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-16111 GLOBAL PAYMENTS INC. (Exact name of registrant as specified in charter) (State or other jurisdiction of incorporation or organization) 3550 L ...

Global Payments Inc. (GPN) is set to report its fourth-quarter 2023 results on Feb 14, before the opening bell.What Do Estimates Say?The Zacks Consensus Estimate for fourth-quarter earnings per share of $2.63 suggests an 8.7% increase from the prior-year reported figure of $2.42. However, the consensus mark witnessed no upward movement in the past week against one downward estimate revision. The consensus mark for fourth-quarter revenues of $2.2 billion indicates a 7.9% increase from the year-ago reported f ...

Wall Street analysts forecast that Global Payments (GPN) will report quarterly earnings of $2.63 per share in its upcoming release, pointing to a year-over-year increase of 8.7%. It is anticipated that revenues will amount to $2.18 billion, exhibiting an increase of 7.9% compared to the year-ago quarter.The current level reflects a downward revision of 0.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Global Payments (GPN) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 14, 2024, might help the stock move higher if these key numbers are better t ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Global Payments (GPN) , which belongs to the Zacks Financial Transaction Services industry, could be a great candidate to consider.This electronics payment processing company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 1.51%.For the last re ...

Global Payments Inc. (GPN) recently formed a joint venture with the German bank, Commerzbank, in a bid to benefit the nationwide small and medium-sized business clients of the bank with enhanced digital payment services. The organization formed as a result of the joint venture will be named Commerz Globalpay GmbH and is likely to commence operations in the first half of 2024, upon receiving a nod from the concerned supervisory and antitrust authorities.GPN will hold a 51% share while Commerzbank will hold t ...

ATLANTA & FRANKFURT AM MAIN, Germany--(BUSINESS WIRE)--Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, and Commerzbank (FRA: CBK), the leading bank for small and medium size German enterprises and a strong partner for corporate clients and private and small-business customers in Germany, today announced a joint venture to offer digital payment solutions to small and medium size business customers across Germany. The new entity, Commerz Globalpa ...

Global Payments Inc. (GPN) benefits on the back of solid segmental contribution, higher transaction volumes, acquisitions and collaborations coupled with a strong financial position. Zacks Rank & Price RallyGlobal Payments currently carries a Zacks Rank #3 (Hold).The stock has gained 23% in the past year compared with the industry’s 18.5% growth. The Zacks Business Services sector and S&P 500 composite gained 21.5% and 25.3%, respectively, in the said time frame.Image Source: Zacks Investment ResearchRobust ...