Several investment management firms are making new investments or increasing their holdings in Global Payments Inc. (NYSE:GPN), highlighting investor confidence in the company. The firm is set to report its Fourth Quarter and Full Year 2024 results on February 13, 2025. Meanwhile, Global Payments has announced a dividend payout of $0.25, providing direct income to its shareholders.
Despite recording record revenue growth, the company's Q4 earnings missed expectations due to higher service costs. As a result, its price target was lowered by various analysts including Citigroup and Morgan Stanley. However, the company's shares were up 15.1% since their last earnings report. The company's 2025 commerce and payment trends report has been released, providing an overview of the industry landscape.
In an interesting development, Francisco Partners is set to acquire AdvancedMD from Global Payments. Furthermore, the company will be presenting at the UBS Global Technology and AI Conference, underscoring their increasing focus on tech integration. Despite some costs pressures in Q4, Global Payments' profit rose owing to strong consumer spending.
Global Payments GPN News Analytics from Wed, 11 Sep 2024 07:00:00 GMT to Sat, 22 Feb 2025 18:10:55 GMT - Rating -1 - Innovation 5 - Information 8 - Rumor -6
