Investing.com -- Global Payments Inc (NYSE: GPN) on Wednesday reported first-quarter earnings and revenue above Wall Street expectations and lifted its full-year profit forecast, a sign that demand for payment processing services remains resilient despite broader uncertainty in the economic environment.

Shares of the company were up 2.3% in pre-market trade at 07:05 ET (11:05 GMT).

The Atlanta-based payments company posted adjusted earnings per share of $2.97 for the three months ended March 31, topping the analyst consensus estimate of $2.85 by 12 cents.

Revenue came in at $2.96 billion, clearing the $2.84 billion estimate by a wider margin and representing a solid beat across both top and bottom lines.

The company said it now expects full-year 2026 adjusted earnings per share of between $13.80 and $14, straddling the current Wall Street consensus of $13.73.

While the midpoint of that range only modestly exceeds analyst expectations, the raise itself signals management confidence in the durability of transaction volumes heading into the second half of the year.

Global Payments, which competes with peers including Fiserv and Worldline in the merchant acquiring and payments technology space, has been navigating a period of strategic repositioning.

The company completed the sale of its Merchant Solutions business to private equity-backed Worldpay in a landmark deal last year, sharpening its focus on its higher-margin software and issuer solutions segments.

The Q1 results suggest that refocused strategy is holding up. Payments companies broadly have benefited from steady consumer spending, even as economists flag risks from elevated interest rates and potential drag from U.S. trade policy. Any softening in discretionary spending could weigh on transaction volumes in coming quarters, analysts have cautioned.

For now, however, Global Payments’ numbers offered reassurance that the payments infrastructure underpinning everyday commerce remains on solid footing.

The company is scheduled to hold an earnings conference call later on Wednesday, where executives are expected to elaborate on volume trends, margin trajectory and the integration progress following its portfolio restructuring.