0.23%XLF 25.99 0.04%QQQQ 48.21 0.39%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
NEW YORK (AP) - Electronic transactions services company Global Payments Inc. said Thursday that its fiscal third-quarter profit grew 17 percent, surpassing analyst expectations.
| GPN | 43.74 |  0.25 |
The Atlanta-based company earned $40.1 million for the period, or 44 cents per share excluding a one-time benefit. A year ago, Global Payments earned $34.3 million, or 42 cents per share. Revenue rose 19 percent, to $310.6 million from $260.4 million.
Analysts polled by Thomson Financial expected earnings of 42 cents per share on $300.9 million in revenue. Analyst estimates typically exclude one-time costs and benefits.
Including those gains, Global Payments earned 50 cents per share.
The company also raised its profit and sales forecasts above current Wall Street estimates.
Shares edged up 37 cents to $40 in aftermarket trading. The stock closed at $39.63 Thursday.
Seven middle-aged Spanish moms who posed for a tongue-in-cheek erotic calendar ...
Merrill Lynch & Co's head of structured finance and investments Michael Blum is leaving the company as the brokerage scales back its sec...
Jackie Chan and Jet Li's first movie together is a hit in China. There were concerns whether "The Forbidden Kingdom" would appeal to Chinese beca...
|
Professional Website Design For Corporate - Get a Free Quote Today
Find the most up to date research from leading investment firms to make the most informed investing decisions
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
