Global Payments Reports Results for Second Quarter 2019 and Increases 2019 Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. NOW
2. MSFT
3. GOOGL
4. FTNT
5. EBAY
6. BIIB
7. CMG
8. TENB
9. KLAC
10. ETSY

Go back to Global Payments Reports Results for Second Quarter 2019 and Increases 2019 Outlook

Global Payments (GPN) Tops Q2 EPS by 5c, Revenues Beat; Raises FY19 EPS Guidance, Affirms FY19 Revenue Outlook

July 30, 2019 6:59 AM EDT

Global 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