RTTNews | Aug 2, 2021 07:02AM EDT

07:01 Monday, August 2, 2021 (RTTNews.com) - Global Payments Inc. (GPN) announced a profit for its second quarter that advanced from the same period last year.

The company's profit came in at $263.59 million, or $0.89 per share. This compares with $37.33 million, or $0.12 per share, in last year's second quarter.

Excluding items, Global Payments Inc. reported adjusted earnings of $603.00 million or $2.04 per share for the period.

Analysts had expected the company to earn $1.89 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 28.1% to $2.14 billion from $1.67 billion last year.

Global Payments Inc. earnings at a glance:

-Earnings (Q2): $603.00 Mln. vs. $394.31 Mln. last year.-EPS (Q2): $2.04 vs. $1.31 last year.-Analysts Estimate: $1.89-Revenue (Q2): $2.14 Bln vs. $1.67 Bln last year.

-Guidance:Full year EPS guidance: $8.07 - $8.20Full year revenue guidance: $7.70 - $7.73 Bln

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