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NEW YORK - On Wednesday, Global Payments Inc. (NYSE:GPN) reported second quarter earnings that exceeded analyst expectations and raised its full-year profit outlook.
The payment technology provider’s shares rose 4.52% in pre-market trading after the release.
The company posted adjusted earnings per share of $3.10 for the second quarter, surpassing the analyst consensus of $3.05. Revenue came in at $1.96 billion on a GAAP basis, while adjusted net revenue reached $2.36 billion, representing a 5% increase on a constant currency basis when excluding dispositions.
Global Payments reaffirmed its full-year 2025 outlook for constant currency adjusted net revenue growth of 5% to 6%, excluding dispositions. The company now expects adjusted earnings per share growth to be at the high end of its previously announced 10% to 11% range, signaling confidence in its operational performance.
"We are pleased to have again delivered results in the second quarter modestly ahead of our expectations, while continuing to drive significant positive change in our organization through our transformation program," said Cameron Bready, chief executive officer.
The company reported that it has received Hart-Scott-Rodino clearances for its acquisition of Worldpay and divestiture of its Issuer Solutions business. Both transactions remain on track to close in the first half of 2026.
Global Payments also increased its expected annual run-rate operating income benefit from operational transformation for the Merchant business to $650 million and announced plans to enter into a $500 million accelerated share repurchase plan in connection with its Payroll divestiture.
Adjusted operating margin expanded 130 basis points to 44.6% in the quarter, reflecting the company’s ongoing efficiency initiatives.
"The successful launch of Genius this quarter was a critical milestone in our transformation program, and we are delighted with the early momentum we are building," Bready added.
The company’s board approved a dividend of $0.25 per share payable on September 26, 2025, to shareholders of record as of September 12, 2025.
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