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Global Payments GPN reported its Q2 earnings results on Monday, August 1, 2022 at 06:55 AM.
Here’s what investors need to know about the announcement.
Earnings
Global Payments beat estimated earnings by 0.43%, reporting an EPS of $2.36 versus an estimate of $2.35.
Revenue was up $117.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 2.98% increase in the share price the next day.
Here’s a look at Global Payments’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.04 | 2.12 | 2.15 | 1.89 |
| EPS Actual | 2.07 | 2.13 | 2.18 | 2.04 |
| Revenue Estimate | 1.96B | 2.00B | 1.99B | 1.85B |
| Revenue Actual | 1.95B | 1.99B | 2.00B | 1.94B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Global Payments management provided guidance for FY 2022, expecting earnings between $9.53 and $9.75 per share.
To track all earnings releases for Global Payments visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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