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$GPN - Gap fill up to $210
Global Payments Inc.
Long
$GPN - Gap fill up to $210
By bulltradingtips
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Aug 2, 2021
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Aug 2, 2021
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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