Global Payments Q4 Adj. EPS $2.65 Beats $2.64 Estimate, Adj. Sales $2.19B Beat $2.18B Estimate
Portfolio Pulse from Benzinga Newsdesk
Global Payments (NYSE:GPN) reported Q4 adjusted earnings of $2.65 per share, surpassing the $2.64 estimate, marking a 9.5% year-over-year increase. Adjusted sales reached $2.19B, exceeding the $2.18B estimate, up 8.11% from the previous year.
February 14, 2024 | 11:57 am
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Global Payments reported a positive earnings surprise with Q4 adjusted EPS of $2.65 and sales of $2.19B, both exceeding estimates.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported growth rates further reinforce the company's strong performance and may attract more investors.
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