Global Payments shares are trading lower following the company's investor conference, in which it guided FY25 EPS growth below estimates and said it expects 2025 to be a transition year.
Portfolio Pulse from Benzinga Newsdesk
Global Payments shares declined after the company announced at an investor conference that its FY25 EPS growth would be below estimates, and it anticipates 2025 to be a transition year.
September 24, 2024 | 5:29 pm
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Global Payments' stock is trading lower after the company projected FY25 EPS growth below expectations and described 2025 as a transition year.
The announcement of lower-than-expected EPS growth for FY25 and the characterization of 2025 as a transition year likely led to investor concerns, resulting in a decline in Global Payments' stock price.
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