Global Payments Reports First Quarter Earnings, Increases Annual Fiscal 2016 Outlook and Declares Two-for-One Stock Split
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Jefferies Downgrades Global Payments (GPN) to Hold
October 9, 2015 6:39 AM EDTJefferies downgraded Global Payments (NYSE: GPN) from Buy to Hold with a price target of $135.00 (from $129.00) on valuation.
Analyst Jason Kupferberg commented, "We are downgrading GPN to Hold from Buy on valuation. We couldn't have asked for more from F1Q results,... More
Oppenheimer Raises Price Target on Global Payments (GPN) to $136 Following 1Q16 Earnings
October 8, 2015 11:00 AM EDTOppenheimer reiterated an Outperform rating on Global Payments (NYSE: GPN), and raised the price target to $136.00 (from $120.00), following the company's 1Q16 earnings results. The company announced strong results with revenue growth of ~8% Y/Y to $537M and EPS growth of ~25% to $1.57.
Analyst Glenn... More
Piper Jaffray Raises Price target on Global Payments (GPN) to $133 Following 14c EPS Beat
October 8, 2015 10:16 AM EDTPiper Jaffray reiterated a Neutral rating on Global Payments (NYSE: GPN), and raised the price target to $133.00 (from $116.00), following the company's 1Q16 earnings. GPN beat consensus net revenue by 3% and delivered cash EPS of $1.57 vs. consensus $1.43. The company raised its fiscal 2016 cash EPS guidance range to $5.77-$5.92... More
Global Payments (GPN) Tops Q1 EPS by 14c; Announces Two-for-One Stock Split
October 7, 2015 7:02 AM EDTGlobal Payments (NYSE: GPN) reported Q1 EPS of $1.57, $0.14 better than the analyst estimate of $1.43. Revenue for the quarter came in at $537 million versus the consensus estimate of $530.5 million.
Global Payments sees FY2015 EPS of $5.77-$5.92, versus the consensus of $5.72. Global Payments sees FY2015... More
