Global Payments Reports Results for Second Quarter 2019 and Increases 2019 Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Global Payments (GPN) Tops Q2 EPS by 5c, Revenues Beat; Raises FY19 EPS Guidance, Affirms FY19 Revenue Outlook
July 30, 2019 6:59 AM EDTGlobal Payments (NYSE: GPN) reported Q2 EPS of $1.51, $0.05 better than the analyst estimate of $1.46. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.11 billion.
Second Quarter 2019 Summary
GAAP revenues were $935.2 million, compared to $833.2 million in the second quarter of 2018; diluted earnings per share were $0.77 compared to $0.68 in the prior year; and operating margin was 23.7% compared to 22.9% in 2018.Adjusted net revenue plus network fees grew 13.4% to $1.114 billion, compared to $982.5 million in 2018.Adjusted earnings per share grew 17.1% to $1.51, compared to $1.29 in... More