07:26 AM EDT, 10/30/2024 (MT Newswires) -- Global Payments ( GPN ) reported Q3 adjusted earnings Wednesday of $3.08 per diluted share, up from $2.75 a year earlier.

Analysts polled by Capital IQ expected $3.10.

Revenue for the quarter ended Sept. 30 was $2.60 billion, compared with $2.48 billion a year earlier.

Analysts polled by Capital IQ expected $2.38 billion.

The company said it continues to expect full-year adjusted EPS of $11.54 to $11.70. Analysts polled by Capital IQ expect $11.60.

Global Payments ( GPN ) also said its board approved an increase to the company's share buyback capacity to $2.5 billion and that it entered into a $600 million accelerated share repurchase plan.

Additionally, the company said it has reached a definitive agreement to sell AdvancedMD to Francisco Partners, with the transaction expected to close in Q4.

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