NYSE$GPN
Global Payments Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Delivered record fourth quarter and full year results and set growth targets for 2022.
Global Payments reported strong Q4 2021 results, with adjusted net revenues increasing by 13.3% to $1.98 billion and adjusted earnings per share increasing by 18.3% to $2.13. The company also set growth targets for 2022 and commenced a strategic review of the Netspend consumer business.
- GAAP revenues were $2.19 billion, compared to $1.93 billion in the fourth quarter of 2020.
- Adjusted net revenues increased 13.3% to $1.98 billion, compared to $1.75 billion in the fourth quarter of 2020.
- Adjusted earnings per share increased 18.3% to $2.13, compared to $1.80 in the fourth quarter of 2020.
- Adjusted operating margin of 42.0% expanded 50.0 basis points.
Headline financials
Revenue & EPS history
Global Payments · Revenue · Quarterly
$1.99B
Revenue by segment
Global Payments · $2.01B total across 2 segments · Q4 2021
- Merchant Solutions$1.48B+20.2%73.3%
- Issuer Solutions$538M+3.3%26.7%
Forward guidance
The company expects adjusted net revenue to be in a range of $8.42 billion to $8.50 billion, reflecting growth of 9% to 10% over 2021, and adjusted earnings per share to be in a range of $9.45 to $9.67, reflecting growth of 16% to 19% over 2021. Annual adjusted operating margin for 2022 is expected to expand by up to 100 basis points.
Tailwinds
- Adjusted net revenue to be in a range of $8.42 billion to $8.50 billion, reflecting growth of 9% to 10% over 2021
- Adjusted earnings per share to be in a range of $9.45 to $9.67, reflecting growth of 16% to 19% over 2021
- Annual adjusted operating margin for 2022 is expected to expand by up to 100 basis points
- Expects to finalize contract negotiations with Caixabank
- Partnership with Virgin Money
Headwinds
- Presumes continued recovery from the pandemic worldwide throughout 2022
- Unexpected impact of COVID-19 variants
- Difficulties, delays and higher than anticipated costs related to integrating the businesses of Global Payments and TSYS
- The impact of a security breach or operational failure on the Company’s business
- Increased competition in the markets in which we operate and our ability to increase our market share in existing markets and expand into new markets
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 Q4 2021
+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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