— 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
Salesforce stock hit by weak guidance, co-CEO’s exit. What next?
For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected
Macy’s (M): Here’s a look at the retailer’s expectations for the near term
Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales
KR Earnings: Kroger Q3 sales, profit increase and top expectations
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to
