Global Payments Sees FY24 Revenue $9.17B-$9.3B Vs $9.22B Estimate; Sees Adj. EPS $11.54-$11.70 Vs $11.60 Estimate
Portfolio Pulse from Benzinga Newsdesk
Global Payments Inc. (GPN) has provided its financial outlook for fiscal year 2024, projecting revenue between $9.17 billion and $9.3 billion, compared to the consensus estimate of $9.22 billion. The company also expects adjusted earnings per share (EPS) to be in the range of $11.54 to $11.70, versus the estimate of $11.60.
August 07, 2024 | 10:59 am
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Global Payments Inc. (GPN) has provided its financial outlook for fiscal year 2024, projecting revenue between $9.17 billion and $9.3 billion, compared to the consensus estimate of $9.22 billion. The company also expects adjusted earnings per share (EPS) to be in the range of $11.54 to $11.70, versus the estimate of $11.60.
The revenue and EPS projections are slightly above and within the consensus estimates, respectively. This positive outlook is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100