Global Payments' shares surge on quarterly profit rise, strong annual forecast

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Global Payments’ shares surge on quarterly profit rise, strong annual forecast

Reuters

Wed, February 18, 2026 at 10:11 PM GMT+9 2 min read

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Feb 18 (Reuters) - Global Payments forecast annual earnings above Wall Street estimates and reported a rise in fourth-quarter profit ‌on Wednesday, sending the payment technology firm’s shares up over ‌8% in trading before the bell.

The Atlanta-based company expects adjusted earnings per share between $13.80 ​and $14 for fiscal year 2026, compared with Wall Street’s view of $13.64, according to estimates compiled by LSEG.

Consumer spending among higher‑income shoppers has held strong, even as macroeconomic pressures prompt middle‑ and lower‑income households to cut ‌back.

Global Payments’ merchant business ⁠is diversified across sectors and regions, allowing it to shield against a downturn in the economy. Consumer ⁠spending levels in an economy directly affect the earnings of payment technology companies.

The merchant solutions segment, the company’s biggest, posted a nearly 3% rise ​in its ​adjusted operating income to $877.1 million in ​the fourth quarter from a ‌year ago. This unit earns per transaction fees and is dependent on volumes.

“With our major transactions now complete, we continue to expect to return $7.5 billion of capital to shareholders through the end of 2027,” CEO Cameron Bready said in a statement.

Adjusted operating income from its ‌issuer solutions business rose to $267.8 million ​in the fourth quarter from $253.6 million in ​the year earlier.

Global Payments’ issuer ​solutions unit provides technology and processing services that ‌support banks, credit unions and other ​financial institutions in ​issuing and managing credit, debit and prepaid cards.

Quarterly net profit attributable to the company rose to $754.7 million, or $3.18 per share, ​on an adjusted basis ‌in the three months ended December 31, compared with $717.9 million, ​or $2.85 per share, a year earlier.

(Reporting by Pritam Biswas ​in Bengaluru; Editing by Shreya Biswas)

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