NYSE$GPN
Global Payments Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Delivered strong second quarter performance and raised 2023 outlook.
Global Payments Inc. reported strong second quarter results, driven by their four-pillared strategy and the EVO Payments acquisition. The company is raising its expectations for 2023.
- GAAP revenues were $2.45 billion, compared to $2.28 billion in 2022.
- Diluted earnings per share were $1.05 compared to a loss per share of $2.42 in the prior year.
- Adjusted net revenues increased 7% to $2.20 billion, compared to $2.06 billion in 2022.
- Adjusted earnings per share increased 11% to $2.62, compared to $2.36 in 2022.
Headline financials
Revenue & EPS history
Global Payments · Revenue · Quarterly
$2.45B
Revenue by segment
Global Payments · $2.43B total across 2 segments · Q2 2023
- Merchant Solutions$1.84B+16.5%75.7%
- Issuer Solutions$590M+10.5%24.3%
Forward guidance
The company now expects adjusted net revenue to be in a range of $8.660 billion to $8.735 billion, reflecting growth of 7% to 8% over 2022, and adjusted earnings per share to now be in a range of $10.35 to $10.44, reflecting growth of 11% to 12% over 2022, or 16% to 17% excluding dispositions. We continue to expect adjusted operating margin for 2023 to expand by up to 120 basis points.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.8%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+0.3%
Avg return
30 days after
60%
39 / 65 earnings
Positive
+15.5%
Q4 2025
Best reaction
-12.3%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.4% | -2.4% | -4.5% | |
| Q4 2025 | +15.5% | +13.9% | -1.8% | |
| Q3 2025 | +3.8% | -1.4% | +3.4% | |
| Q1 2025 | +0.0% | +1.6% | -4.1% | |
| Q4 2024 | -4.3% | -1.6% | -13.4% | |
| Q3 2024 | +4.7% | +6.2% | +20.1% | |
| Q2 2024 | +11.9% | +8.0% | +16.1% | |
| Q1 2024 | -10.0% | -9.5% | -17.0% | |
| Q4 2023 | +1.3% | -1.4% | -4.5% | |
| Q3 2023 | +5.0% | +9.6% | +12.2% | |
| Q2 2023 | +10.6% | +11.2% | +14.9% | |
| Q1 2023 | -10.6% | -7.0% | -13.3% | |
| Q4 2022 | +2.8% | +5.7% | -10.4% | |
| Q3 2022 | -9.3% | -22.2% | -17.2% | |
| Q2 2022 | +3.4% | +4.6% | +1.6% | |
| Q1 2022 | -6.5% | -11.7% | -6.9% | |
| Q4 2021 | +0.2% | -1.7% | -13.2% | |
| Q3 2021 | -7.5% | -6.2% | -16.5% | |
| Q2 2021 | -12.3% | -8.9% | -16.0% | |
| Q1 2021 | -5.8% | -5.2% | -9.0% | |
| Q4 2020 | +2.5% | -0.5% | +5.7% | |
| Q3 2020 | -0.9% | +4.3% | +23.8% | |
| Q2 2020 | -2.1% | -1.8% | +3.8% | |
| Q1 2020 | +4.7% | +3.4% | +13.4% | |
| Q4 2019 | -0.2% | +1.6% | -14.9% | |
| Q3 2019 | +4.1% | +0.6% | +9.4% | |
| Q2 2019 | -2.1% | -5.8% | -3.4% | |
| Q1 2019 | +1.3% | +0.1% | +6.9% | |
| Q4 2018 | +3.5% | +5.0% | +14.2% | |
| Q3 2018 | +5.0% | +5.3% | +1.8% | |
| Q2 2018 | +6.1% | +5.5% | +11.3% | |
| Q1 2018 | +0.2% | +1.2% | +0.7% | |
| Q4 2017 | +6.3% | +6.6% | +9.7% | |
| Q3 2017 | -4.4% | -4.1% | -4.4% | |
| Q2 2017 | +2.4% | +1.6% | +0.1% | |
| Q1 2017 | +6.1% | +7.6% | +13.9% | |
| Q4 2016 | -4.8% | -8.8% | -2.9% | |
| Q3 2016 | +10.1% | — | — | |
| Q2 2016 | -6.6% | — | — | |
| Q1 2016 | +14.8% | — | — | |
| Q4 2015 | +9.3% | — | — | |
| Q3 2015 | +6.9% | — | — | |
| Q2 2015 | +7.8% | — | — | |
| Q1 2015 | +10.9% | — | — | |
| Q4 2014 | -1.1% | — | — | |
| Q3 2014 | -5.0% | — | — | |
| Q2 2014 | +3.3% | — | — | |
| Q1 2014 | +10.6% | — | — | |
| Q4 2013 | -5.6% | — | — | |
| Q3 2013 | -9.4% | — | — | |
| Q2 2013 | +6.3% | — | — | |
| Q1 2013 | -3.3% | — | — | |
| Q4 2012 | +3.7% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | -3.9% | — | — | |
| Q1 2012 | +4.5% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q3 2010 | +1.6% | — | — | |
| Q3 2011 | +1.6% | — | — | |
| Q2 2010 | +0.0% | — | — | |
| Q2 2011 | +0.0% | — | — | |
| Q1 2010 | -8.5% | — | — | |
| Q1 2011 | -8.5% | — | — | |
| Q4 2010 | -8.5% | — | — |
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