Global Payments (GPN) Misses Q4 Earnings and Revenue Estimates

Core Viewpoint - Global Payments reported quarterly earnings of $2.95 per share, slightly missing the Zacks Consensus Estimate of$2.96 per share, but showing an increase from $2.65 per share a year ago, indicating a year-over-year growth in earnings despite the miss [1][2]. Financial Performance - The company posted revenues of$2.29 billion for the quarter ended December 2024, which was below the Zacks Consensus Estimate by 0.82%, but an increase from $2.19 billion in the same quarter last year [2]. - Over the last four quarters, Global Payments has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2]. Stock Performance - Global Payments shares have declined approximately 2.9$2.86 on revenues of $2.23 billion, while for the current fiscal year, the estimate is$12.74 on revenues of $9.44 billion [7]. - The trend of estimate revisions for Global Payments has been unfavorable ahead of the earnings release, which may impact future stock performance [6]. Industry Context - The Financial Transaction Services industry, to which Global Payments belongs, is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable industry outlook [8]. - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could be a useful metric for investors [5].