— 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
Earnings Preview: What to look for when Kroger (KR) reports Q1 2025 results
The Kroger Co. (NYSE: KR) is expected to report its first-quarter financial results next week. Customer engagement remained stable last year, driven by high-quality products and tailored promotional offers. Recently,
Adobe (ADBE) Q2 adjusted earnings rise on higher revenues
Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in revenue and adjusted profit for the second quarter of 2025, amid continued growth in its subscription-based business. The design software
ORCL Earnings: Highlights of Oracle’s Q4 2025 financial report
Technology giant Oracle Corporation (NYSE: ORCL) has reported higher revenues and adjusted earnings for the fourth quarter of 2025. Total revenues increased to $15.9 billion in the May quarter from
