Global Payments Inc

GPN: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$216.00	Qlrwh	Mndvysgyl

Global Payments Earnings: Results Hold Steady

Brett Horn

Oct 31, 2023

Global Payments’ third-quarter results show the company holding steady, with solid growth in line with the last quarter and margins continuing to improve. We will maintain our $179 fair value estimate and narrow moat rating. We think shares are undervalued and that the company’s stability supports our view on the company’s long-term prospects and should lessen fears of disruption.

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