Global Payments Boosts FY23 Adj. EPS Outlook - Update

Global Payments Reaffirms FY24 Outlook; Q1 Adj. EPS Tops Estimates - Update

While reporting financial results for the first quarter on Wednesday, payments technology company Global Payments Inc. (GPN) reaffirmed its adjusted earnings and adjusted revenue guidance for the full year 2024.

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Global Payments Q4 Results Top Estimates; Sees FY23 Revenues Above Estimates

While reporting financial results for the fourth quarter on Friday, payments technology company Global Payments Inc. (GPN) initiated its adjusted earnings and adjusted revenue guidance for the full year 2023.

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Global Payments Q3 Profit Weak, Adj. EPS Meets View; Backs FY22 Forecast

Payments technology company Global Payments Inc. reported Monday weak profit in its third quarter, despite higher revenues. Earnings per share, however, grew on lower share count, and adjusted earnings met market estimates. Looking ahead for fiscal 2022, the company continues to expect adjusted earnings above the Wall Street view, and lifted margin forecast.

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U.S. Dollar Advances Amid Middle East Tensions, Tech Sector Slide

The U.S. Dollar value moved higher on Friday after the U.S. and Iran adopted a tougher stance against any agreement and trounced expectations for a deal to end their conflict and reopen the Strait of Hormuz. In addition, the slide in the IT stocks due to Nvidia crisis weighed on the equity markets.

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Canadian Stocks Turning In Mixed Performance As Investors React To Earnings

Canadian stocks are turning in a mixed performance on Friday with investors reacting to corporate earnings updates, and also weighing the potential impact of the resignation of Nvidia co-founder and CEO Jensen Huang on the tech sector.

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Swiss Market Ends On Weak Note

The Switzerland stock market ended modestly lower on Friday after languishing in negative territory throughout the trading session, as traders seemed reluctant to build up fresh positions amid a lack of positive news.

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European Stocks End On Mixed Note After Cautious Session

European stocks turned in a mixed performance on Friday as investors made cautious moves amid uncertainty over the outlook for the AI trade and possibility of a rate hike by the Federal Reserve in December. Optimism about corporate earnings aided sentiment a bit.

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U.S. Producer Prices Rise 0.3% In October, Slightly Less Than Expected

A report released by the Labor Department on Friday showed producer prices in the U.S. increased by slightly less than expected in the month of October. The Labor Department said its producer price index for final demand rose by 0.3 percent in October after surging by an upwardly revised 1.4 percent in September. Economists had expected producer prices to climb by 0.4 percent.

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