Global Payments (GPN) Q2 Earnings Beat on Transaction Growth
GPNGlobal Payments(GPN) ZACKS·2024-08-08 03:15

Global Payments Inc. (GPN) reported second-quarter 2024 adjusted earnings per share (EPS) of 2.93,whichbeattheZacksConsensusEstimateof2.93, which beat the Zacks Consensus Estimate of 2.91. The bottom line rose 11.8% year over year.Adjusted net revenues improved 5.5% year over year to 2.32billion.Thetoplinesurpassedtheconsensusmarkof2.32 billion. The top line surpassed the consensus mark of 2.31 billion.The strong quarterly results were aided by growth in transaction volumes and a rise in traditional accounts in the Issuer Solutions segment. A decline in interest and other expenses also favor ...