Global Payments, Inc. (GPN) Tops Q4 EPS by 2c

Global Payments, Inc. (NYSE: GPN) reported Q4 EPS of $1.09, $0.02 better than the analyst estimate of $1.07. Revenue for the quarter came in at $674 million versus the consensus estimate of $669.11 million.

"I am pleased with Global Payments' strong financial performance for the fourth quarter and full fiscal year. During fiscal 2014, we grew cash earnings per share 13 percent, returned over $450 million dollars to shareholders and completed a $420 million acquisition to further diversify distribution in our largest market and complement our focus on differentiated technologies. We achieved key execution milestones, including meaningfully expanding our integrated solutions business in the U.S., delivering solid performance in Canada and adding to our direct distribution channels in Asia," said Jeff Sloan, Chief Executive Officer of Global Payments Inc. "In fiscal 2015, we will continue to focus on our direct distribution strategy by leveraging our global technology platforms to deliver new, innovative products and services, driving operating margin expansion and delivering double-digit cash earnings per share growth."

For earnings history and earnings-related data on Global Payments, Inc. (GPN) click here.

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