— Global Payments Inc. (NYSE: GPN) reported its fourth-quarter 2019 adjusted earnings of $1.62 per share versus $1.59 per share expected.
— Revenues soared by 126% to $1.99 billion versus $1.8 billion expected. The top line was driven by a 47% jump in merchant solutions. Adjusted net revenue surged by 120% to $1.80 billion.
— Looking ahead into the full year 2020, the company expects revenue in the range of $8.45-8.52 billion and adjusted net revenue of $7.68-7.75 billion. The consensus estimates revenue of $7.75 billion.
— The adjusted earnings are anticipated to be in the range of $7.43-7.62 per share for the full year. This is in line with the market analysts’ EPS view of $7.56.
— The company’s board of directors approved a dividend of $0.195 per share. The dividend is payable on March 27, 2020, to shareholders of record as of March 13, 2020.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
MRK Earnings: Merck Q1 2024 profit jumps on 9% revenue growth
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the first quarter of 2024, aided by an increase in revenues. First-quarter worldwide sales
Infographic: A snapshot of Caterpillar’s (CAT) Q1 2024 financial results
Caterpillar Inc. (NYSE: CAT), a leading manufacturer of construction and mining equipment, on Thursday reported first-quarter 2024 financial results. Sales and revenues for the first quarter of 2024 were $15.8
AAL Earnings: Key quarterly highlights from American Airlines’ Q1 2024 financial results
American Airlines Group Inc. (NASDAQ: AAL) reported its first quarter 2024 earnings results today. Total operating revenues increased 3.1% year-over-year to $12.5 billion. Net loss amounted to $312 million, or $0.48