The earnings call reflects a strong quarter with significant strategic advancements, including a major acquisition that enhances Global Payments' position and provides opportunities for future growth. Despite some challenges in the Issuer Solutions segment and macroeconomic uncertainties, the company's overall outlook is positive with increased revenue, profitability, and capital return expectations.

Company Guidance -

Q1 2025

During Global Payments' first quarter 2025 earnings call, management provided guidance reflecting a solid start to the fiscal year. The company reported over 5% constant currency adjusted net revenue growth, excluding dispositions, alongside a 70 basis point increase in adjusted operating margin, and an 11% rise in constant currency adjusted earnings per share compared to the same period in 2024. The merchant and issuer businesses exhibited consistent growth, aligning with the company's expectations. Additionally, the company highlighted its transformation agenda, raising its benefit target by 20% to $600 million and advancing key initiatives such as technology harmonization and global unification of its merchant business. The call also addressed the strategic rationale behind recent transactions, including the divestiture of Issuer Solutions and the acquisition of Worldpay, which are anticipated to enhance global scale and position the company as a leading commerce solutions provider. The company is targeting $12.5 billion in pro forma adjusted net revenue and $6.5 billion in adjusted EBITDA post-transaction close, with an expected $600 million in cost synergies and $200 million in revenue synergies within three years.

Solid First Quarter Results

Global Payments delivered over 5% constant currency adjusted net revenue growth, excluding dispositions, 70 basis points of adjusted operating margin expansion, and 11% constant currency adjusted earnings per share growth compared to the same period in 2024.

Successful Advancement of Transformation Agenda

The company has streamlined its organizational structure, unified its Merchant business globally, advanced its technology harmonization program, and increased its overall benefit target by 20% to $600 million.

Strategic Transactions Announced

Global Payments announced the divestiture of Issuer Solutions and acquisition of Worldpay, expected to accelerate transformation and build a durable platform for long-term success.

Positive Financial Expectations Post Worldpay Acquisition

The combined company expects approximately $12.5 billion in pro forma adjusted net revenue and $6.5 billion in adjusted EBITDA post transaction close, with $600 million in cost synergies and at least $200 million in revenue synergies.

Increased Capital Returns to Shareholders

The company continues to expect to return roughly $7 billion in capital to shareholders from 2025 to 2027, with expectations to further increase capital returns by nearly 50% by 2028.

Global Payments (GPN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GPN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 04, 2025	2025 (Q2)	3.05 / -	2.93	―	―	―
May 06, 2025	2025 (Q1)	2.68 / 2.69	2.59	3.86% (+0.10)
Feb 13, 2025	2024 (Q4)	2.96 / 2.95	2.65	11.32% (+0.30)
Oct 30, 2024	2024 (Q3)	3.09 / 3.08	2.75	12.00% (+0.33)
Aug 07, 2024	2024 (Q2)	2.91 / 2.93	2.62	11.83% (+0.31)
May 01, 2024	2024 (Q1)	2.57 / 2.59	2.4	7.92% (+0.19)
Feb 14, 2024	2023 (Q4)	2.64 / 2.65	2.42	9.50% (+0.23)
Oct 31, 2023	2023 (Q3)	2.72 / 2.75	2.48	10.89% (+0.27)
Aug 01, 2023	2023 (Q2)	2.59 / 2.62	2.36	11.02% (+0.26)
May 01, 2023	2023 (Q1)	2.31 / 2.40	2.07	15.94% (+0.33)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GPN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2025	$79.00	$79.03	+0.04%
Feb 13, 2025	$108.19	$103.52	-4.32%
Oct 30, 2024	$98.25	$102.50	+4.33%
Aug 07, 2024	$92.06	$98.43	+6.92%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.