Global Payments raises FY23 EPS view to $10.32-$10.44 from $10.25-$10.37

FY23 consensus $10.27. Raises FY23 revenue view to $8.635B-$8.735B from $8.575B-$8.675B, consensus $8.66B. "We are pleased with our strong financial performance in the first quarter, which exceeded our expectations despite ongoing macro concerns," said Josh Whipple, Senior Executive Vice President and CFO. "Based on our strong performance and continuing momentum, we are raising our guidance for calendar 2023." Whipple concluded, "Our 2023 outlook reflects the now completed execution of all three of our previously announced strategic transactions and assumes a worldwide macroeconomic backdrop that is consistent with the current environment throughout the remainder of the calendar year."