Global Payments Inc. (NYSE:GPN) is reporting third quarter financial results on Thursday 29th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, GPN is expected to report 3Q20 income of $ 1.66 per share from revenue of $ 1728.72 million.
For the full year, analysts anticipate top line of $ 6788.42 million, while looking forward to income of $ 6.36 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 7,680.00 million ~ $ 7,750.00 million, where as bottomline are predicted in a range of $ 7.43 ~ $ 7.62 per share
Click Here For More Historical Outlooks Of Global Payments Inc.
Previous Quarter Performance
Global Payments Inc. announced income for the second quarter of $ 1.31 per share, from the revenue of $ 1,521.00 million. The quarterly earnings 13.25 percent while revenues boosted 36.48 percent compared with the same quarter last year.
Wall street analysts are predicting, GPN to report 2Q20 income of $ 1.20 per share from revenue of $ 1462.36 million. The bottom line results beat street analysts by $ 0.11 or 9.17 percent, at the same time, top line results outshined analysts by $ 58.64 million or 4.01 percent.
Stock Performance
Shares of Global Payments Inc. traded low $ -5.66 or -3.44 percent on Wednesday, reaching $ 159.10 with volume of 2.16 million shares. Global Payments Inc. has traded high as $ 163.25 and has cracked $ 158.41 on the downward trend
According to the previous trading day, closing price of $ 159.10, representing a 56.11 % increase from the 52 week low of $ 105.54 and a 21.4 % decrease over the 52 week high of $ 209.62.
The company has a market capital of $ 47.61 billion and is part of the Industrials sector and Business Services industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.195 per share on August 3, 2020. The dividend were payable on September 24, 2020 to holders of record as of the close of business on September 10, 2020 and ex-dividend date on September 9, 2020.
Conference Call
Global Payments Inc. will be hosting a conference call at 8:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.globalpaymentsinc.com
Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments. The company operates in three segments: North America, Europe, and Asia-Pacific.
