global payments

The week (and the new year) will start off quietly, as far as quarterly reports are concerned. Things will pick up a little steam later in the week as Apollo Group (NASDAQ: APOL), Constellation Brands (NYSE: STZ), Family Dollar (NYSE: FDO), Monsanto (NYSE: MON) and Mosaic (NYSE: MOS) each step into...

Though the calendar page has turned, things will be fairly quiet again this week on the earnings front. The new earnings season does not kick off until Alcoa (NYSE: AA) posts its third-quarter results on October 10, followed shortly thereafter by PepsiCo (NYSE: PEP) and JPMorgan (NYSE: JPM). This...

According to Jefferies, Global Payments (NYSE: GPN) coverage is initiated with Hold rating. Jefferies said that it believes GPN enjoys an enviable position in the payments value chain. “Our $50 price target is based on a blend of 14x our C12 EPS estimate of $3.21 and our DCF model. Risks include...

Jefferies & Company has initiated coverage on Global Payments (NYSE: GPN) with a Hold rating and $50 price target.

Oppenheimer is maintaining its Perform rating on Global Payments Inc. (NYSE: GPN) and believes the shares are “relatively fairly valued.” “3Q:FY11 EPS from operations of $0.63 were in line with our estimate ($0.01 below the Street),” Oppenheimer writes. “Stronger than expected revenue (~$10M above...

Deutsche Bank has issued a company alert on Global Payments, Inc. (NYSE: GPN) and reiterates its Hold rating. In the report, Deutsche Bank writes "We have no change to our forecast or view following GPN's biannual analyst meeting in NYC this morning. There were no material numbers/guidance updates...

Though earnings for Global Payments (NYSE: GPN) have been in line, Goldman Sachs believes that ISO mix estimates are a miss. In its report, Goldman Sachs writes "1QFY11 results were below our expectations, and while GPN posted a modest revenue beat, higher-than-expected SG&A (which includes ISO...

Amid the slowdown in Europe revenue growth, continued sluggish revenue/margin trends in Canada and the decided 4Q EPS skew during FY11, Oppenheimer has reaffirmed its Perform rating of Global Payments, Inc. (NYSE: GPN). “2Q:FY11 guidance is ~$0.05 below our estimate; that said, management...

Goldman Sachs has issued a research report for America's IT Services sector in anticipation of Global Payments' (NYSE: GPN) 1Q11 earnings announcement. In the report, Goldman Sachs writes "Our 1QFY11 EPS estimate is $0.69 (in line with the Street), and we expect FY11 EPS of $2.74 (+8% yoy), FY12 of...