Global Payments: Q3 Earnings Insights

Shares of Global Payments GPN fell 0.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 0.59% over the past year to $1.71, which beat the estimate of $1.65.

Revenue of $1,746,000,000 higher by 33.69% from the same period last year, which beat the estimate of $1,720,000,000.

Guidance

Global Payments hasn't issued any earnings guidance for the time being.

Global Payments hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Oct 29, 2020

Time: 08:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.globalpaymentsinc.com%2Fnews-and-events%2Fevents-and-presentations%2Fevent-details%2F2020%2FThird-Quarter-2020-Earnings%2Fdefault.aspx&eventid=2626817&sessionid=1&key=59660933A3EC3F8B3FB86F79D0C92E90&regTag=&sourcepage=register

Recent Stock Performance

52-week high: $209.62

Company's 52-week low was at $105.54

Price action over last quarter: down 8.60%

Company Profile

Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. Global Payments recently announced its intention to merge with Total System Services in an all-stock deal that will give Total System Services shareholders 48% of the combined company's shares.