Global Payments Reiterated FY24 Revenue $9.17B-$9.3B Vs $9.23B Estimate; Sees Adj. EPS $11.54-$11.70 Vs $11.57 Estimate
Portfolio Pulse from Benzinga Newsdesk
Global Payments has reiterated its FY24 revenue guidance of $9.17B-$9.3B, slightly below the $9.23B estimate, and expects adjusted EPS of $11.54-$11.70, slightly above the $11.57 estimate. The company reported strong cash flow and reduced leverage, positioning it well for year-end targets.
October 30, 2024 | 10:59 am
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Global Payments reiterated its FY24 revenue guidance of $9.17B-$9.3B and adjusted EPS of $11.54-$11.70. The company reported strong cash flow and reduced leverage, indicating a positive financial position.
The reaffirmation of revenue and EPS guidance, along with strong cash flow and reduced leverage, suggests a positive outlook for Global Payments. This is likely to have a positive short-term impact on the stock price.
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