Piper Jaffray Raises Price Target on Global Payments (GPN) Following a Strong 3Q
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April 6, 2016 9:08 AM EDT
Global Payments (NYSE: GPN) reported Q3 EPS of $0.70, $0.03 better than the analyst estimate of $0.67. Revenue for the quarter came in at $497 million versus the consensus estimate of $493.87 million.
GUIDANCE:
Global Payments sees FY2016 EPS of $2.93-$3.00, versus the consensus of... More
April 6, 2016 7:36 AM EDT
Jefferies analyst, Jason Kupferberg and team attended the Electronic Payments Summit and walked away with the following takeaways:
1) Visa (NYSE: V)/MasterCard (NYSE: MA) moat remains as safe as ever
2) PayPal (NASDAQ: PYPL) is still the clear leader online, with limited competitive threats
3) in-store mobile wallet penetration is still moving very slowly
4) technology changes favor private label (ADS/SYF)
5) EMV adoption has been a rocky road creating fresh tension between issuers and... More
April 5, 2016 2:15 PM EDT
The Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
7:00am EDT
MBA Mortgage Index - no Street consensus
Earnings:
Acuity Brands (NYSE: AYI) - consensus EPS $1.51... More
