Have you assessed how the international operations of Global Payments (GPN) performed in the quarter ended March 2024? For this electronics payment processing company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects. The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has ...

Global Payments Inc. (GPN) reported first-quarter 2024 adjusted earnings per share (EPS) of $2.59, which beat the Zacks Consensus Estimate by 7.5%. The bottom line rose 21.6% year over year. Adjusted net revenues improved 6.6% year over year to $2.18 billion. The top line surpassed the consensus mark of $2.17 billion. The quarterly results were aided by growth in transaction volumes and core issuer growth in the Issuer Solutions segment. A decline in expenses also favored the first-quarter results. However, ...

财务数据和关键指标变化 - 公司实现了7%的经调整净收入增长和8%的经调整每股收益增长,剔除Netspend消费者资产剥离的影响,经调整每股收益增长达到中个位数 [13] - 公司毛利率扩大40个基点 [13] 各条业务线数据和关键指标变化 商户解决方案 - 商户解决方案业务再次实现了稳健的有机增长,受益于合作伙伴ISV、垂直市场和POS业务的差异化能力 [14] - 合作伙伴ISV渠道签约的新战略合作伙伴数量同比翻倍,公司已推出近两dozen新的支付托管合作伙伴 [15] - 公司正在向合作伙伴交叉销售人力资本管理、忠诚度营销、分析和客户参与等增值解决方案 [16] - POS软件解决方案实现20%以上增长,新增3,000多个POS终端 [18] - 公司推出了新一代Heartland餐饮和零售POS软件,反响良好 [19][20] - 公司已将GP POS软件推广至加拿大、英国、西班牙和捷克等多个国际市场 [21] - 垂直市场软件业务实现双位数增长,包括教育、社区和活动、物业管理、医疗保健、快餐和食品服务管理以及体育和娱乐场馆等 [22][23][24][25] - 公司的Zego物业管理软件业务和ACTIVE社区和活动软件业务表现强劲 [28][29] - 公司的QSR业务与CosMc's合作进展顺利,并将Xenial技术推广至体育场馆和活动场所 [30][31] - 公司的高等教育业务TouchNet在加拿大和英国取得多个新的国际合作伙伴 [32][33] 发卡解决方案 - 公司新签署了两个发卡合同,包括与一家大型欧洲金融机构的扩大合作,以及与一家全球领先的旅游技术公司的新合作 [37][38] - 公司成功续签了8个客户合同,包括与Virgin Money、Citizens和Scotiabank的长期合作关系 [38][39] - 公司的发卡现代化进程持续推进,预计未来几个月将有4家北美客户试点多项云服务 [39] B2B业务 - MineralTree业务新增订单增长30%,其中虚拟购物车订单增长近60% [41] - 商户B2B订单同比增长超100%,受益于EVO PayFabric平台的整合 [41] - 公司的员工解决方案在餐饮行业表现良好,签署了与White Restaurant Group和Sunshine Restaurant Partners的新合作 [41] 各个市场数据和关键指标变化 - 公司在西班牙和中欧、波兰和希腊等国际市场实现了双位数增长 [34] - 拉丁美洲业务持续表现亮眼,受益于墨西哥和智利的强劲支付趋势 [34][35] - 公司与Marriott International在亚太地区的合作进一步扩大 [35] - 公司与德国商业银行的合资公司Commerz Global Pay本月正式启动,将提供包括GP POS在内的全套创新支付和软件解决方案 [36] 公司战略和发展方向及行业竞争 - 公司正在进行全面的运营模式、组织架构和内部流程审查,以优化业务运营,提高效率和生产力 [73][74][75] - 公司将通过简化业务、提高商业生产力、加快产品开发交付等措施,为未来的增长投入更多资本 [74][75] - 公司将在今年秋季的投资者大会上提供更新的战略和执行进展 [77] - 公司在ISV渠道的竞争环境更加理性,不再过度依赖价格竞争 [17] 管理层对经营环境和未来前景的评论 - 公司第一季度业绩超出预期,受益于业务执行力出色和消费者需求的韧性 [13] - 4月份的趋势与第一季度保持一致,公司将密切关注宏观经济环境的变化 [72] - 公司对未来前景保持信心,预计2024年经调整每股收益将增长11%-12% [68] 问答环节重要的提问和回答 问题1 **Bryan Keane 提问** 是否有资产可能被剥离,以及公司将如何使用潜在的出售收益 [82][83] **Cameron Bready 回答** 公司正在审视业务组合,可能会剥离一些规模较小或无法成为行业领先者的业务,但主要是在边缘领域,不会涉及核心业务 [83][84][85] 公司将审慎考虑任何出售收益的最佳用途,包括股票回购等 [85] 问题2 **Darrin Peller 提问** 公司对商户业务未来7%-8%的有机增长有何信心,以及各细分业务的毛利率情况 [92][93] **Cameron Bready 和 Josh Whipple 回答** 公司在ISV渠道、POS软件和垂直市场软件业务均保持强劲增长势头,为未来7%-8%的有机增长提供支撑 [93][94][95][96][97][98] 公司正在平衡投资与成本控制,预计商户业务毛利率将在今年下半年实现同比扩张 [142][143][144][145][146][147][148][149][150][151][152][153][154][155][156][157] 问题3 **Will Nance 提问** 公司在EVO业务整合方面的进展如何,特别是在收购协同效应和收入协同效应方面 [161][162][163][164][165][166][167][168][169][170][171][172][173] **Cameron Bready 回答** 公司正在将自身的产品和解决方案(如GP POS、GP tom等)带入EVO原有市场,并利用EVO的客户基础进行交叉销售,预计未来将产生可观的收入协同效应 [168][169][170][171][172][173] 同时公司也在持续投资EVO原有技术平台的可靠性和稳定性,为未来的业务拓展奠定基础 [168][169][170]

Global Payments (GPN) reported $2.18 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 6.6%. EPS of $2.59 for the same period compares to $2.40 a year ago. The reported revenue represents a surprise of +0.71% over the Zacks Consensus Estimate of $2.17 billion. With the consensus EPS estimate being $2.57, the EPS surprise was +0.78%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-16111 GLOBAL PAYMENTS INC. (Exact name of registrant as specified in charter) Georgia 58-2567903 (State or other jurisdi ...

1Q 2024 Earnings Innovation that delivers. 5/1/2024 C O P Y R I G H T G L O B A L P A Y M E N T S 2 0 2 4 A L L R I G H T S R E S E R V E D Forward-Looking Statements This presentation contains certain forward-looking statements within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on current expectations, estimates and projections about the industry and markets in which we operate, and beliefs of and ass ...

Exhibit 99.1 Global Payments Reports First Quarter 2024 Results May 1, 2024 • First quarter 2024 GAAP diluted earnings per share (EPS) of $1.22 and adjusted EPS of $2.59 • First quarter 2024 GAAP revenue of $2.42 billion, an increase of 6%, and adjusted net revenue of $2.18 billion, an increase of 7% • Reaffirms outlook for 2024 • Received EU regulatory approval for Commerzbank joint venture ATLANTA -- Global Payments Inc. (NYSE: GPN) today announced results for the first quarter ended March 31, 2024. "We a ...

In its upcoming report, Global Payments (GPN) is predicted by Wall Street analysts to post quarterly earnings of $2.57 per share, reflecting an increase of 7.1% compared to the same period last year. Revenues are forecasted to be $2.17 billion, representing a year-over-year increase of 6%. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ove ...

公司背景 - Global Payments (NYSE:GPN) 是一家领先的支付技术和软件解决方案提供商[1] 市场趋势 - 公司有望受益于从现金向数字支付的持续转变[2] - 公司有望受益于不断扩张到增长更快的市场和从发卡方业务中获得更大规模经济效益[2] 评级建议 - 尽管存在支付领域竞争日益激烈和与公司并购活动相关的整合风险，但由于竞争优势明显、增长潜力大以及当前估值具吸引力，公司对GPN保持强烈买入评级[3]

Global Payments Inc. (GPN) is slated to release first-quarter 2024 results on May 1, 2024, before the opening bell. The company continues to be aided by higher transaction volumes, strategic acquisitions, technological innovations and expanding international operations. Q1 Estimates The Zacks Consensus Estimate for GPN’s first-quarter earnings per share is pegged at $2.57, which indicates an improvement of 7.1% from the year-ago quarter’s reported figure. The consensus mark for revenues is $2.2 billion, sug ...