Global Payments Q2 Adj. EPS $2.62 Beats $2.58 Estimate, Adj. Sales $2.17B Miss $2.19B Estimate
Portfolio Pulse from Benzinga Newsdesk
Global Payments (NYSE:GPN) reported Q2 earnings of $2.62 per share, beating the analyst consensus estimate of $2.58 by 1.55%. However, the company's quarterly sales of $2.17 billion missed the analyst consensus estimate of $2.19 billion by 0.64%.
August 01, 2023 | 11:00 am
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Global Payments' Q2 earnings beat estimates but sales fell short, which could have mixed effects on the stock.
Global Payments reported better-than-expected earnings but lower-than-expected sales. This mixed result could lead to uncertainty among investors, potentially causing volatility in the stock price.
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