ATLANTA (AP) — ATLANTA (AP) — Global Payments Inc. (GPN) on Tuesday reported third-quarter profit of $635.2 million.
The Atlanta-based company said it had net income of $2.64 per share. Earnings, adjusted for one-time gains and costs, were $3.26 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.23 per share.
The electronics payment processing company posted revenue of $2.01 billion in the period. Its adjusted revenue was $2.43 billion, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $2.41 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPN at https://www.zacks.com/ap/GPN
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