Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Securities registered pursuant to Section 12(b) of the Act | Title of each class | Trading symbol | Name of exchange on which registered | | --- | - ...

For the quarter ended March 2025, Global Payments (GPN) reported revenue of $2.2 billion, up 1% over the same period last year. EPS came in at $2.82, compared to $2.59 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.2 billion, representing a surprise of +0.25%. The company delivered an EPS surprise of +4.83%, with the consensus EPS estimate being $2.69.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

Global Payments (GPN) came out with quarterly earnings of $2.82 per share, beating the Zacks Consensus Estimate of $2.69 per share. This compares to earnings of $2.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.83%. A quarter ago, it was expected that this electronics payment processing company would post earnings of $2.96 per share when it actually produced earnings of $2.95, delivering a surprise of -0.34%.Over the las ...

Global Payments (GPN) Q1 2025 Earnings Call May 06, 2025 07:30 AM ET Company Participants Winnie Smith - SVP, IRCameron Bready - Director & CEORobert Cortopassi - President & COOJosh Whipple - Senior Executive Vice President and Chief Financial OfficerAdam Frisch - Senior Managing Director - EquitiesRyan Campbell - VP - Equity ResearchTimothy Chiodo - Managing Director Conference Call Participants Jason Kupferberg - Senior Equity Research AnalystTien-tsin Huang - Senior AnalystDavid Koning - Senior Research ...

Global Payments (GPN) Q1 2025 Earnings Call May 06, 2025 07:30 AM ET Speaker0 Ladies and gentlemen, thank you for standing by, and welcome to Global Payments First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Later, we will open the lines for questions and answers. And as a reminder, today's conference will be recorded. At this time, I'd like to turn the conference over to your host, Senior Vice President, Investor Relations, Winnie Smith. Pl ...

业务交易情况 - 公司宣布以135亿美元将发卡解决方案业务剥离给FIS，并以227亿美元净购买价（含15.5亿美元预期税收资产，总价值242.5亿美元）从GTCR和FIS收购Worldpay，对应调整后EBITDA倍数分别为12.3倍和8.5倍[2] - 公司收购Worldpay的现金对价将通过出售发卡解决方案所得现金、资产负债表现金和新增债务筹集，计划发行77亿美元债务，GTCR将以97美元价格获得公司约15%的股份[15] - 交易需获得监管批准和满足其他惯例成交条件，预计2026年上半年完成[18] 交易后业务预期 - 交易完成后，公司预计2025年调整后净收入约125亿美元，调整后EBITDA约65亿美元，全球支付交易量达3.7万亿美元，服务超600万客户，实现约940亿笔交易[3][4][7][12] - 交易预计带来约6亿美元年度运营成本协同效应和至少2亿美元收入协同效应，交易完成后第一年调整后每股收益将增厚[3][13] - 交易完成时，公司预计净杠杆率约为3.5倍，计划在18至24个月内降至3.0倍，并保持投资级评级[17] 2025年第一季度财务预期 - 2025年第一季度，公司预计调整后每股收益为2.69美元（含股份支付）或2.83美元（不含），按固定汇率计算增长约10%[19] - 2025年第一季度，公司调整后净收入22.05亿美元，按固定汇率计算增长超5%，调整后运营利润率扩大约70个基点[22] - 2025年第一季度，商户解决方案调整后净收入16.92亿美元，按固定汇率计算增长约6%；发卡解决方案调整后净收入5.29亿美元，按固定汇率计算增长约3%[22] 2025年全年展望 - 公司重申2025年全年调整后净收入、调整后运营利润率和调整后每股收益的展望[20] 财务数据说明 - 公司尚未完成2025年第一季度（截至3月31日）的结账程序，独立注册会计师事务所未审查该期间财务报表及新闻稿中的估计数据，该期间业绩预期为管理层当前估计，可能会有变化[29] 前瞻性陈述风险 - 前瞻性陈述基于当前对行业和运营地区的预期、估计和预测，以及管理层的信念和假设，实际结果可能与陈述中表达或预测的有重大差异[29] 交易风险 - 交易可能因多种因素导致实际结果与前瞻性陈述或历史表现有重大差异，如交易协议终止、法律诉讼、未及时获得监管批准等[29] - 整合Worldpay业务可能面临困难和延迟，包括实施控制措施防止内部系统重大安全漏洞、管理业务部门的信用和欺诈风险等[29] - 交易可能无法实现预期的成本节约和其他预期收益，还可能导致业务中断，损害公司或Worldpay的业务[29] - 交易宣布或完成可能导致业务关系出现不利反应或变化，影响公司续签现有客户合同和获取新客户的能力[29] 其他风险 - 公司需遵守Visa、Mastercard等支付网络或卡计划的适用要求，否则可能面临风险[29] - 交易后公司普通股的长期价值存在不确定性，包括发行额外股份导致的稀释[29] - 公司面临全球经济、政治、市场、健康和社会事件等多种外部因素的影响[29] - 公司在运营市场面临竞争，需提高现有市场份额并拓展新市场，同时要保障数据安全[29]

1Q 2025 earnings May 6, 2025 +5% Adjusted net revenue growth1 +70 bps Forward-looking statements This presentation may contain certain forward-looking statements within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on current expectations, estimates and projections about the industry and markets in which we operate, and beliefs of and assumptions made by our management, involve risks, uncertainties and a ...

The upcoming report from Global Payments (GPN) is expected to reveal quarterly earnings of $2.68 per share, indicating an increase of 3.5% compared to the year-ago period. Analysts forecast revenues of $2.2 billion, representing an increase of 0.7% year over year.Over the last 30 days, there has been a downward revision of 2.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the cour ...

The market expects Global Payments (GPN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be releas ...

文章核心观点 - GTCR宣布将旗下支付公司Worldpay以242.5亿美元出售给Global Payments，这是三方交易的一部分，交易预计2026年上半年完成 [1][2][5] 交易详情 - 2023年7月GTCR从FIS收购Worldpay 55%多数股权，FIS保留45%股权，此次Global Payments将以242.5亿美元现金和股票收购Worldpay，FIS将以135亿美元企业价值收购Global Payments的发卡解决方案业务 [2] - GTCR将获得59%现金和41%股票对价，交易完成后将持有Global Payments 15%流通股 [2] Worldpay发展情况 - GTCR与行业资深CEO Charles Drucker合作收购Worldpay多数股权，目标是重新加速增长、实现从FIS的无缝过渡并投资创新产品和现代技术 [3] - 在Charles Drucker领导下，Worldpay扩大全球处理能力、推出创新支付解决方案、增强欺诈预防服务，支持新客户签约、加速有机增长并巩固其在全球支付生态系统的领先地位 [3] 各方表态 - GTCR高管表示与Charles和Worldpay团队的合作体现了Leaders Strategy™合作精髓，对与他们实现的转型感到自豪，期待作为长期战略合作伙伴继续参与Worldpay和Global Payments合并业务 [4] - Worldpay CEO Charles Drucker称过去两年进展得益于与GTCR的合作，期待与Global Payments的未来，将继续投资产品和技术并加强电子商务业务 [4] - GTCR其他高管感谢各方努力促成交易，相信Global Payments和Worldpay合并后能为客户提供创新解决方案并为所有利益相关者创造价值 [4] 公司信息 - GTCR成立于1980年，是领先私募股权公司，专注于商业与消费者服务、金融服务与技术、医疗保健、技术媒体与电信等领域投资，自成立以来已投资超300亿美元于280多家公司，目前管理超450亿美元股权资本 [6] - Worldpay是领先支付技术和解决方案公司，每年在174个国家和138种货币处理超550亿笔交易，其处理解决方案可让各类企业在全球进行支付操作 [7]