Global Payments: Q1 Earnings Insights

Global Payments NYSE:GPN reported its Q1 earnings results on Monday, May 2, 2022 at 06:55 AM.

Here's what investors need to know about the announcement.

Earnings

Global Payments beat estimated earnings by 1.47%, reporting an EPS of $2.07 versus an estimate of $2.04.

Revenue was up $141.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 0.8% increase in the share price the next day.

Here's a look at Global Payments's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Global Payments management provided guidance for FY 2022, expecting earnings between $9.45 and $9.67 per share.

To track all earnings releases for Global Payments visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.