RTTNews | Nov 2, 2021 07:22AM EDT

07:21 Tuesday, November 2, 2021 (RTTNews.com) - Global Payments Inc. (GPN) revealed a profit for its third quarter that increased from the same period last year.

The company's bottom line totaled $296.74 million, or $1.01 per share. This compares with $220.97 million, or $0.74 per share, in last year's third quarter.

Excluding items, Global Payments Inc. reported adjusted earnings of $637.33 million or $2.18 per share for the period.

Analysts had expected the company to earn $2.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.6% to $2.20 billion from $1.92 billion last year.

Global Payments Inc. earnings at a glance:

-Earnings (Q3): $637.33 Mln. vs. $513.76 Mln. last year.-EPS (Q3): $2.18 vs. $1.71 last year.-Analysts Estimate: $2.14-Revenue (Q3): $2.20 Bln vs. $1.92 Bln last year.

-Guidance:Full year EPS guidance: $8.10 - $8.20Full year revenue guidance: $7.71 - $7.73 Bln

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