Global Payments: Q4 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Global Payments Inc. (GPN) on Friday reported fourth-quarter earnings of $249.3 million.

The Atlanta-based company said it had net income of 94 cents per share. Earnings, adjusted for one-time gains and costs, were $2.42 per share.

The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.45 per share.

The electronics payment processing company posted revenue of $2.25 billion in the period. Its adjusted revenue was $2.02 billion, also falling short of Street forecasts. Eight analysts surveyed by Zacks expected $2.03 billion.

For the year, the company reported profit of $111.5 million, or 40 cents per share. Revenue was reported as $8.09 billion.

Global Payments expects full-year earnings in the range of $10.25 to $10.37 per share, with revenue in the range of $8.57 billion to $8.68 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on GPN at

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