Global Payments: Q3 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Global Payments Inc. (GPN) on Thursday reported third-quarter profit of $280.9 million.

The Atlanta-based company said it had net income of $1.06 per share. Earnings, adjusted for one-time gains and costs, came to $3.58 per share.

The results beat Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $3.57 per share.

The electronics payment processing company posted revenue of $3.31 billion in the period. Its adjusted revenue was $3.18 billion, which met Street forecasts.

Global Payments expects full-year earnings in the range of $13.60 to $13.80 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPN at https://www.zacks.com/ap/GPN