Global Payments Forecasts Adjusted EPS Growth Of ~10% In FY25 Vs 12.9% Wall St. Growth Est.; Co Expects Mid-Single-Digit Percentage Growth In Adjusted Net Revenue In FY25 Vs 6.9% Analyst Est.; CFO Josh Whipple Says "We Consider 2025 To Be A Transition Year"
Portfolio Pulse from Benzinga Newsdesk
Global Payments forecasts a lower adjusted EPS growth of ~10% for FY25 compared to Wall Street's estimate of 12.9%. The company also expects mid-single-digit growth in adjusted net revenue, below the analyst estimate of 6.9%. CFO Josh Whipple describes 2025 as a transition year.
September 24, 2024 | 5:25 pm
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NEGATIVE IMPACT
Global Payments forecasts lower-than-expected growth in both EPS and revenue for FY25, indicating a challenging transition year ahead.
The company's forecasted growth figures for FY25 are below Wall Street expectations, which could lead to negative sentiment among investors. The CFO's statement about 2025 being a transition year suggests potential challenges, further impacting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100