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.
Image and article originally from www.benzinga.com. Read the original article here.