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Thursday, July 28, 2016

=Global Payment (GPN) reported earnings on Thur 28 Jul 2016 (b/o)




Global Payment reports EPS in-line, beats on revs; guides FY17 EPS in-line, revs in-line  :
  • Reports Q4 (May) earnings of $0.73 per share, in-line with the Capital IQ Consensus of $0.73; revenues rose 5.7% year/year to $747.1 mln vs the $621.29 mln Capital IQ Consensus. Cash operating margin expanded to 28.1%, a 40 basis point increase over the fourth quarter of fiscal 2015. On a constant currency basis, cash operating margin increased 70 basis points.
  • Co issues in-line guidance for FY17, sees EPS of $3.50-3.60 vs. $3.50 Capital IQ Consensus Estimate; sees FY17 revs of $3.25-3.35 bln vs. $3.3 bln Capital IQ Consensus Estimate. 

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