Global Payments (GPN) Scheduled to Post Quarterly Earnings on Thursday

Global Payments (NYSE:GPN) will be issuing its quarterly earnings data before the market opens on Thursday, February 15th. Analysts expect the company to announce earnings of $1.01 per share for the quarter.

Global Payments (NYSE:GPN) last posted its quarterly earnings data on Wednesday, November 8th. The business services provider reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.12. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $917.31 million. Global Payments had a net margin of 7.14% and a return on equity of 18.50%. The firm’s revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.89 earnings per share. On average, analysts expect Global Payments to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Global Payments (NYSE GPN) opened at $106.32 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.27. The stock has a market cap of $16,920.00, a P/E ratio of 60.41, a P/E/G ratio of 1.56 and a beta of 1.14. Global Payments has a 1-year low of $76.47 and a 1-year high of $113.26.

GPN has been the topic of a number of research reports. Stephens raised shares of Global Payments from an “equal weight” rating to an “overweight” rating and set a $122.00 price objective on the stock in a report on Tuesday, January 9th. Piper Jaffray Companies raised their price objective on shares of Global Payments to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, November 8th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $122.00 price objective on shares of Global Payments in a report on Friday, December 22nd. Nomura reissued a “sell” rating and issued a $83.00 price objective on shares of Global Payments in a report on Monday, October 16th. Finally, Robert W. Baird reissued a “buy” rating and issued a $124.00 price objective on shares of Global Payments in a report on Tuesday, January 23rd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twenty-two have issued a buy rating to the company’s stock. Global Payments currently has an average rating of “Buy” and an average target price of $105.26.

In other Global Payments news, Director Alan M. Silberstein sold 600 shares of the firm’s stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $106.05, for a total transaction of $63,630.00. Following the sale, the director now owns 44,293 shares in the company, valued at approximately $4,697,272.65. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 3,600 shares of company stock worth $366,270. 0.93% of the stock is owned by company insiders.

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About Global Payments

Global Payments Inc is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company’s segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services.

Earnings History for Global Payments (NYSE:GPN)

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