Earnings and Revenue Forecast - Wall Street analysts forecast Global Payments (GPN) to report quarterly earnings of $3 11 per share, a year-over-year increase of 13 1% [1] - Revenues are anticipated to reach $2 38 billion, reflecting a 6 6% increase compared to the year-ago quarter [1] - The consensus EPS estimate for the quarter has been revised downward by 0 2% over the past 30 days [2] Key Metrics Projections - Non-GAAP Revenues for Merchant Solutions are predicted to reach $1 85 billion, a 7 1% increase year-over-year [5] - Non-GAAP Revenues for Issuer Solutions are expected to be $546 92 million, indicating a 5 2% year-over-year increase [5] - Revenues for Issuer Solutions are forecasted at $633 49 million, a 4 2% increase from the prior-year quarter [6] - Revenues for Merchant Solutions are estimated at $2 00 billion, suggesting a 6 2% year-over-year increase [6] - Geographic Revenue for Europe is projected to reach $439 74 million, a 2 9% increase from the year-ago quarter [6] - Geographic Revenue for the Americas is expected to be $2 10 billion, a 5 8% year-over-year increase [7] - Geographic Revenue for Asia Pacific is forecasted at $62 27 million, a 2 2% decrease from the year-ago quarter [7] Operating Income Projections - Non-GAAP Operating Income for Merchant Solutions is predicted to reach $915 32 million, compared to $847 68 million in the same quarter last year [8] - Non-GAAP Operating Income for Issuer Solutions is expected to be $258 79 million, compared to $246 64 million in the same quarter last year [8] - Operating Income for Merchant Solutions is forecasted at $676 07 million, compared to $637 86 million in the same quarter last year [9] - Operating Income for Issuer Solutions is estimated at $119 35 million, compared to $113 88 million in the same quarter last year [9] Stock Performance - Shares of Global Payments have shown a return of -1 9% over the past month, compared to the Zacks S&P 500 composite's +2% change [9] - With a Zacks Rank 3 (Hold), GPN is expected to mirror the overall market performance in the near future [9]

Investors in Global Payments Inc. (GPN) need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 01, 2025 $50.00 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could ...

A month has gone by since the last earnings report for Global Payments (GPN) . Shares have added about 4.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Global Payments due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Global Payments Q2 Earnings Beat on Transacti ...

Have you evaluated the performance of Global Payments' (GPN) international operations during the quarter that concluded in June 2024? Considering the extensive worldwide presence of this electronics payment processing company, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth. In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall ...

Global Payments Inc. (GPN) reported second-quarter 2024 adjusted earnings per share (EPS) of $2.93, which beat the Zacks Consensus Estimate of $2.91. The bottom line rose 11.8% year over year. Adjusted net revenues improved 5.5% year over year to $2.32 billion. The top line surpassed the consensus mark of $2.31 billion. The strong quarterly results were aided by growth in transaction volumes and a rise in traditional accounts in the Issuer Solutions segment. A decline in interest and other expenses also fav ...

Global Payments (GPN) reported $2.32 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 5.5%. EPS of $2.93 for the same period compares to $2.62 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.31 billion, representing a surprise of +0.40%. The company delivered an EPS surprise of +0.69%, with the consensus EPS estimate being $2.91. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Financial Data and Key Metrics Changes - The company achieved adjusted net revenue of $2.32 billion for Q2 2024, reflecting a 6% increase from the prior year, or 7% excluding the impact of the Netspend divestiture [20][21] - Adjusted operating margin increased by 40 basis points to 45.2%, with adjusted earnings per share growing by 12% to $2.93 compared to the same period in 2023 [20][21] - Adjusted free cash flow for the quarter was approximately $680 million, representing a 25% increase year-over-year and a conversion rate of about 91% of adjusted net income [27][28] Business Line Data and Key Metrics Changes - Merchant Solutions generated adjusted net revenue of $1.8 billion, reflecting an 8% growth, with high single-digit growth in the U.S. business and double-digit growth in integrated payments and point-of-sale businesses [21][22] - Issuer Solutions produced adjusted net revenue of $527 million, reflecting over 4% growth, with 8 million new accounts added sequentially [24][26] - The company saw a 50% increase in new ISV partnerships leveraging the PayFabric platform, indicating strong demand for B2B acceptance solutions [7][21] Market Data and Key Metrics Changes - In Europe, the company achieved mid-single-digit organic growth, particularly in faster-growing geographies like Poland and Greece, while LATAM experienced double-digit growth driven by strong payment trends in Mexico [22][23] - The Asia Pacific region faced ongoing macroeconomic weakness, impacting performance [22] Company Strategy and Development Direction - The company is focused on simplifying its portfolio and streamlining operations to enhance customer-centric solutions and drive sustainable growth [32][33] - Investments are being made to maintain leadership in embedded commerce capabilities and to expand into international markets, including Germany and other European countries [13][14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business model, citing diversification across verticals and geographies as a strength amid macroeconomic uncertainty [35][36] - The outlook for adjusted net revenue for the full year is expected to range from $9.17 billion to $9.30 billion, reflecting growth of 6% to 7% over 2023 [29][30] Other Important Information - The company appointed Bob Cortopassi as President and Chief Operating Officer, emphasizing his growth-oriented leadership and experience [20] - The company completed two small tuck-in acquisitions in Europe to enhance strategic positioning [14][15] Q&A Session Summary Question: Thoughts on discretionary vs. nondiscretionary volumes in merchant - Management believes the portfolio is well diversified across discretionary and nondiscretionary verticals, maintaining confidence in the business model's resilience [35][36] Question: Impact of ProFac on ISV signings - ProFac fills a market need for smaller ISVs needing payment facilitation capabilities without taking on full responsibilities, leading to increased signings [37] Question: Merchant volume growth and its drivers - Merchant volume growth was 6%, with a slight sequential decline attributed to macroeconomic factors and the leap year effect [39] Question: Merchant margins and outlook - Merchant margins increased by 30 basis points, outperforming expectations, driven by strong execution and attractive growth trends [40][41] Question: Growth potential in the ISV channel - The ISV channel is seen as a key growth area, with increasing importance of software technology in payment decisions for SMB clients [42][43] Question: Direct sales channel strategy - The company is reorienting its direct sales channel towards technology-enabled solutions, focusing on integrated and point-of-sale software sales [55][56]

Global Payments (GPN) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $2.91 per share. This compares to earnings of $2.62 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0.69%. A quarter ago, it was expected that this electronics payment processing company would post earnings of $2.57 per share when it actually produced earnings of $2.59, delivering a surprise of 0.78%. Over the la ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | |---------------------------------------------------------------------------------------|------------------------------------------| | ...

2Q 2024 Earnings 8/7/2024 globalpayments Innovation that delivers. Forward-Looking Statements This presentation contains certain forward-looking statements within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on current expectations, estimates and projections about the industry and markets in which we operate, and beliefs of and assumptions made by our management, involve risks and uncertainties that cou ...