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Global Payments Inc. (GPN), a leading provider in the payment technology and services industry with a market cap of $25.1 billion, delivers innovative solutions for electronic, card, and digital payments worldwide. Atlanta, Georgia-based company is expected to announce its fiscal Q2 earnings results on Tuesday, Aug. 6.
Ahead of this event, analysts expect GPN to report a profit of $2.76 per share, up 11.3% from the previous year's $2.48 per share. The company has surpassed Wall Street's bottom-line estimates in the last four quarters. The company reported an EPS of $2.48 per share in the most recent quarter, surpassing the consensus estimate by 2.9% due to a strong labor market boosting consumer spending.
