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Global Payments Inc. (GPN) Leaped To A 9-Month High After Q2 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Global Payments Inc. (GPN) reported second quarter net income of $0.89 per share after the close Tuesday, compared to $0.78 in the previous year. Cash EPS came in at $0.93, up from $0.86 a year ago. The consensus estimate was for EPS of $0.87.

Fiscal 2013 earnings per share, excluding the impact of all intrusion remediation costs, are expected to be in a range of $3.01 to $3.08, compared to prior expectations of $2.99 to $3.06 per share. The consensus estimate is for EPS of $3.64.

Global Payments gapped open sharply higher Wednesday, but traded in a range for the majority of the session. Shares finished up by 2.79 at $48.86 on strong volume. The stock leaped to over a 9-month high.

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