Global Payments (NYSE:GPN) reported second-quarter results on [insert date], showcasing a 4% normalized adjusted net revenue growth, adjusted operating-margin expansion of 70 basis points, and a 12% increase in adjusted earnings per share (EPS) to $3.46. Despite these gains, the company lowered its full-year revenue outlook, citing ongoing pressures from reduced travel-related volumes stemming from the Middle East conflict. Adjusted net revenue for the quarter reached $3.16 billion.
Looking ahead, Global Payments expects normalized constant-currency adjusted net revenue growth of approximately 4% to 5% for the full-year 2026. Adjusted EPS is forecasted between $13.60 and $13.80, reflecting an 11% to 13% growth. The company anticipates revenue growth of about 4.5% for the second half of the year, alongside approximately 200 basis points of margin expansion, driven by factors such as an expanded sales force and enterprise customer transactions.
In its Worldpay integration, adjusted net revenue from the SMB segment was $1.51 billion (up 4%), Enterprise segment revenue reached $838 million (up 7%), and Platforms segment revenue hit $628 million (up 7%). The company generated $687 million in adjusted free cash flow for the quarter and repurchased around 8 million shares for $550 million, continuing its commitment to return over $2 billion to shareholders by 2026.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
