Global Payments (GPN) Q2 Earnings Beat on Transaction Growth

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 ...