Global Payments Reports Second Quarter Earnings, Sets Calendar 2017 Growth Targets and Increases Synergy Estimates

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Go back to Global Payments Reports Second Quarter Earnings, Sets Calendar 2017 Growth Targets and Increases Synergy Estimates

Oppenheimer Raises Price Target on Global Payments (GPN) Following Solid 2Q

January 10, 2017 9:24 AM EST

Oppenheimer reiterated an Outperform rating on Global Payments (NYSE: GPN), and raised the price target to $88.00 (from $85.00), following the company's 2Q earnings report. GPN delivered 2Q cash EPS growth of ~16% Y/Y to $0.89 compared to the Street's 0.84 estimates.

Analyst Glenn Greene commented, "Global Payments... More

Global Payments (GPN) Tops Q2 EPS by 5c; Raises Outlook

January 9, 2017 7:00 AM EST

Global Payments (NYSE: GPN) reported Q2 EPS of $0.89, $0.05 better than the analyst estimate of $0.84. Revenue for the quarter came in at $817.2 million versus the consensus estimate of $803.55 million.

GUIDANCE:

Global Payments sees FY2017 EPS of $3.70-$3.90, versus the consensus of $3.51. Global Payments sees FY2017 revenue of $3.35-3.45 billion, versus the consensus of $3.25... More