Global Payments Inc.
Long

$GPN - Gap fill up to $210

174
Great earnings beat this morning!

Q2 GAAP EPS of $2.04 vs $1.90 estimate (+55.73% YoY)

Revenue of 2.14Bn vs estimate of 1.86Bn (+28.1% YoY)

Increases buyback by 1.5Bn (3% of marketcap)

Increases dividend by 28%

Raises EPS and Revenue guidance by 28% and 15% respectively.

Targeting the gap fill up to $210 which is the 0.786 retracement

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