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 ...

HSBC is reportedly readying a global payments app to take on companies like Wise and Revolut.Dubbed Zing, the app will first be offered in Great Britain, though the CEO of the bank’s personal banking operation told Bloomberg News on Tuesday (Jan. 2) that the plan is to launch in other countries in the months to come to capture the growing market for wealthier consumers.“Zing has a global ambition,” Nuno Matos said in an interview. “We want to establish ourselves as a global platform for international paymen ...

Winnie Smith - SVP, IR Conference Call Participants Jason Kupferberg - Bank of America Bryan Keane - Deutsche Bank Operator Before we begin, IÂ'd like to remind you that some of the comments made by management during todayÂ's conference call contain forward-looking statements about, among other matters, expected operating and financial results. These statements are subject to risks, uncertainties, and other factors, including the impact of economic conditions on our future operations, that could cause actua ...

Forward-Looking Statements The following presentation includes certain "non-GAAP financial measures" as defined in Regulation G under the Securities Exchange Act of 1934. Reconciliations of each of the non-GAAP financial measures to the most directly comparable GAAP measure are included in the appendix attached hereto, except for forward-looking measures where a reconciliation to the corresponding GAAP measures is not available due to the variability, complexity and limited visibility of the items that are ...

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 September 30, 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 number: 001-16111 GLOBAL PAYMENTS INC. (Exact name of registrant as specified in charter) Georgia 58-2567903 (State or other jur ...

Yes, look - Ramsey, if you think back in Q1 and Q2, we saw really great margin expansion in the business, our issuer business. We saw 300 basis points of margin expansion here in Q2, and thatÂ's really driven from our shift to more technology-enablement and really strong expense management. I think for the rest of the year, we would expect the growth to moderate as we expect margins to be in the high 46% range that we reported in Q2 as the comparison gets tougher and we lap the strong expansion that we real ...