Global Payments Inc
GPN
ISIN US37940X1028 / Valor 1176487
Global Payments Inc
UMushroom community rating:
About company
Global Payments Inc is a leading provider of payment technology and software solutions for various industries worldwide. The company offers a cloud suite of smart applications for medical practices and billing companies, as well as industry-leading solutions for higher education billing services. Additionally, Global Payments Inc processes billions of card transactions for financial institutions and retailers globally through its TSYS consumer and commercial issuer processing solutions. The company's Heartland technology solutions also enable payments, point of sale, and payroll services for a wide range of businesses in the US.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (17.12.2024):
Revenue Growth
In the third quarter of 2024, Global Payments Inc. reported GAAP revenue of $2.60 billion, marking a 5% increase compared to the same period in 2023. The adjusted net revenue also saw a rise, reaching $2.36 billion, which represents a 6% growth from the previous year.
Earnings Per Share
Global Payments Inc. announced a GAAP diluted earnings per share (EPS) of $1.24 for the third quarter of 2024, reflecting an 11% decrease from the prior year. However, the adjusted EPS showed a positive trend, increasing by 12% to $3.08 compared to the third quarter of 2023.
Operating Margin
The company's operating margin for the third quarter of 2024 was reported at 18.3%, a decline from 22.5% in the previous year. On an adjusted basis, the operating margin expanded by 40 basis points, reaching 46.1%.
2024 Financial Outlook
Global Payments Inc. reaffirmed its financial outlook for 2024, expecting adjusted net revenue to range between $9.17 billion and $9.30 billion, indicating a growth of 6% to 7%. The company also anticipates adjusted earnings per share to be between $11.54 and $11.70, reflecting an 11% to 12% increase over 2023.
Capital Allocation
The Board of Directors of Global Payments Inc. approved a dividend of $0.25 per share, payable on December 27, 2024. Additionally, the company increased its share repurchase authorization capacity to $2.5 billion, demonstrating a commitment to returning value to shareholders.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
28951 M
Market cap (USD)
164,593
Daily traded volume (Shares)
113.2 / 111.46
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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