Global Payments reported second-quarter results that were in line with expectations, delivering adjusted EPS of $3.46, up 12% year-over-year. The company's adjusted net revenue was $3.16 billion, representing a 4% increase on a normalized basis but slightly missing consensus estimates. Citing the impact of the conflict in the Middle East on its travel portfolio, the company lowered its full-year 2026 outlook.
Key Highlights
- Adjusted EPS rose 12% to $3.46, meeting analyst expectations.
- Adjusted net revenue was $3.16 billion, a slight miss against the $3.17 billion consensus, with normalized growth of 4%.
- The company lowered its full-year 2026 guidance to normalized adjusted net revenue growth of 4% - 5% and adjusted EPS of $13.60 - $13.80.
- Global Payments returned $1.2 billion to shareholders year-to-date, over half of its full-year plan of more than $2 billion.