$Global Payments (GPN.US)$It is a payment service provider. ...
$Global Payments(GPN.US$It is a payment service provider. Revenue continued to grow for 4 years after major acquisitions in 2019. The average growth rate in the past 3 years was 22.3%, the average growth rate of operating profit in the past 3 years was 28.3%, and net profit fell sharply by 85.5% in 2022 due to capital asset impairment of 1.03 billion dollars and business sales losses.
Revenue increased 6.9% in the first two quarters of 2023, operating profit fell 4% due to a sharp increase in expenses, and net profit increased 1.7 times to 280 million due to a decrease in other expenses, but it still did not return to normal levels.
Currently, the price-earnings ratio is 307, and the price-earnings ratio has dropped sharply to 42. Considering that capital asset impairment and business sales have not dropped to 0, we can only wait and see for the time being.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
