The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Global Payments's revenues will grow 6.4% and EPS will increase 5.2%.
The average estimate for revenue is $635.0 million. On the bottom line, the average EPS estimate is $1.02.
Last quarter, Global Payments tallied revenue of $578.7 million. GAAP reported sales were 8.5% higher than the prior-year quarter's $533.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.87. GAAP EPS of $0.75 for Q3 were 2.7% higher than the prior-year quarter's $0.73 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 62.4%, 120 basis points worse than the prior-year quarter. Operating margin was 15.5%, 180 basis points worse than the prior-year quarter. Net margin was 10.1%, 80 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.40 billion. The average EPS estimate is $3.70.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 244 members out of 272 rating the stock outperform, and 28 members rating it underperform. Among 92 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 86 give Global Payments a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Global Payments is outperform, with an average price target of $54.20.
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