Global Payments Analysts Raise Their Forecasts After Upbeat Q2 Earnings
Portfolio Pulse from Lisa Levin
Global Payments Inc (NYSE:GPN) reported strong Q2 FY23 earnings and raised its FY23 guidance. The company's Q2 adjusted net revenue grew 7% YoY to $2.17 billion, slightly missing the consensus of $2.19 billion. However, its adjusted EPS of $2.62 beat the consensus of $2.58. Following the earnings announcement, several analysts raised their price targets on Global Payments.
August 04, 2023 | 11:08 am
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Global Payments reported strong Q2 earnings and raised its FY23 guidance, leading to several analysts raising their price targets on the company. This could potentially lead to a positive impact on the company's stock price in the short term.
Global Payments reported strong Q2 earnings and raised its FY23 guidance. This positive financial performance has led to several analysts raising their price targets on the company, indicating a positive outlook for the company's stock. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100