AMSTERDAM--(BUSINESS WIRE)--Sling Money, an app designed to make the global transfer of money instant, easy and low-cost, today announced a $15 million Series A round.

Examine Global Payments' (GPN) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

GPN is a payments technology company offering software and other services to clients at a global scale. The company reports incremental expenses for investments in products, innovation, and technology, potentially boosting future net sales growth. GPN appears undervalued based on FCF growth, conservative assumptions, and a DCF model implying a stock valuation significantly higher than the current price.

Global Payments (GPN) was among the S&P 500's brightest stars Wednesday after a second-quarter revenue beat and a dose of optimism about the company's streamlining efforts.

Global Payments (GPN) expects EPS between $11.54 and $11.70 in 2024, which implies 11-12% growth from the 2023 figure of $10.42.

The headline numbers for Global Payments (GPN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

U.S. stock futures are trying to hold on to yesterday's rebound after three straight sessions of bloodbath. Currently, the S&P 500 is up +56 points, the Nasdaq is +233 points, and the Dow is +313 points.

Global Payments Inc. (NYSE:GPN ) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Winnie Smith - SVP, IR Cameron Bready - CEO Josh Whipple - CFO Conference Call Participants Ramsey El-Assal - Barclays Bank Jason Kupferberg - Bank of America James Faucette - Morgan Stanley Darrin Peller - Wolfe Research Andrew Schmidt - Citigroup Vasundhara Govil - Keefe, Bruyette, & Woods Bryan Bergin - TD Cowen David Koning - Robert W. Baird Tien-Tsin Huang - J.P.

Global Payments (GPN) came out with quarterly earnings of $2.93 per share, beating the Zacks Consensus Estimate of $2.91 per share. This compares to earnings of $2.62 per share a year ago.

Payments innovation is all around us, and its importance in digital transformation cannot be overstated. The post-pandemic landscape has seen an acceleration toward a cashless society at a rapid rate.

ATLANTA--(BUSINESS WIRE)-- #globalpayments--Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced the appointment of Robert “Bob” Cortopassi, as its new president and chief operating officer, effective immediately. “Bob is a proven, growth-oriented leader and trusted colleague with an exceptional track record managing key businesses across our organization during his 12-year tenure at the company,” said Cameron Bready, chief executive officer.

This marks the last peak week of the Q2 earnings season with 3,908 companies expected to report. Earnings have come in better-than-expected, but tend to be overshadowed by economic data. Outlier earnings this week include: CSX, CAT, and VFC.