Subtext

Global Payments Inc. GPN

SectorFinancials
Transcripts37
Date range2015-10-07 – 2025-05-06
Calls charted37

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-24-12+0+12+242016 Q12017 Q22018 Q32019 Q42021 Q12022 Q22023 Q32024 Q42016 Q1 · Overall: +5.92016 Q2 · Overall: +9.42016 Q3 · Overall: +12.92016 Q4 · Overall: +6.52017 Q1 · Overall: +12.32017 Q2 · Overall: +14.02017 Q3 · Overall: +12.92017 Q4 · Overall: +12.42018 Q1 · Overall: +11.52018 Q2 · Overall: +12.42018 Q3 · Overall: +14.62018 Q4 · Overall: +10.62019 Q1 · Overall: +4.82019 Q2 · Overall: +8.12019 Q3 · Overall: +16.82019 Q4 · Overall: +13.82020 Q1 · Overall: +11.22020 Q2 · Overall: +5.32020 Q3 · Overall: +19.92020 Q4 · Overall: +10.62021 Q1 · Overall: +16.62021 Q2 · Overall: +15.92021 Q3 · Overall: +14.42021 Q4 · Overall: +15.12022 Q1 · Overall: +13.92022 Q2 · Overall: +18.42022 Q3 · Overall: +12.62022 Q4 · Overall: +9.52023 Q1 · Overall: +14.32023 Q2 · Overall: +18.02023 Q3 · Overall: +16.42023 Q4 · Overall: +15.82024 Q1 · Overall: +7.82024 Q2 · Overall: +15.82024 Q3 · Overall: +11.82024 Q4 · Overall: +21.12025 Q1 · Overall: +15.5
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-35-18+0+18+352016 Q12017 Q22018 Q32019 Q42021 Q12022 Q22023 Q32024 Q42016 Q1 · CEO: +8.62016 Q3 · CEO: +16.42016 Q4 · CEO: +9.42017 Q1 · CEO: +15.42017 Q2 · CEO: +20.92017 Q3 · CEO: +15.92017 Q4 · CEO: +9.72018 Q1 · CEO: +9.82018 Q2 · CEO: +11.22018 Q3 · CEO: +18.92018 Q4 · CEO: +15.12019 Q1 · CEO: +7.62019 Q2 · CEO: +10.32019 Q3 · CEO: +20.82019 Q4 · CEO: +17.02020 Q1 · CEO: +11.92020 Q2 · CEO: +8.92020 Q3 · CEO: +19.02020 Q4 · CEO: +14.62021 Q1 · CEO: +21.22021 Q2 · CEO: +16.12021 Q3 · CEO: +18.02021 Q4 · CEO: +18.42022 Q1 · CEO: +18.92022 Q2 · CEO: +18.32022 Q3 · CEO: +15.12022 Q4 · CEO: +10.82023 Q1 · CEO: +23.42023 Q2 · CEO: +24.82023 Q3 · CEO: +25.22023 Q4 · CEO: +22.22024 Q2 · CEO: +19.62024 Q3 · CEO: +19.72024 Q4 · CEO: +29.82025 Q1 · CEO: +24.12016 Q1 · CFO: +3.12016 Q3 · CFO: +12.12016 Q4 · CFO: +6.72017 Q1 · CFO: +13.02017 Q2 · CFO: +12.02017 Q3 · CFO: +12.92017 Q4 · CFO: +30.82018 Q1 · CFO: +15.52018 Q2 · CFO: +15.92018 Q3 · CFO: +13.62018 Q4 · CFO: +7.82019 Q1 · CFO: -0.62019 Q2 · CFO: +3.42019 Q3 · CFO: -9.32019 Q4 · CFO: +7.92020 Q1 · CFO: +15.82020 Q2 · CFO: +4.12020 Q3 · CFO: +26.72020 Q4 · CFO: +6.82021 Q1 · CFO: +17.82021 Q2 · CFO: +25.42021 Q3 · CFO: +16.42021 Q4 · CFO: +13.92022 Q1 · CFO: +9.62022 Q2 · CFO: +15.62022 Q3 · CFO: +18.62022 Q4 · CFO: +9.82023 Q1 · CFO: +8.72023 Q2 · CFO: +10.62023 Q3 · CFO: +8.22023 Q4 · CFO: +11.32024 Q2 · CFO: +11.52024 Q3 · CFO: +6.22024 Q4 · CFO: +13.82025 Q1 · CFO: +5.7
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-46-23+0+23+462016 Q12017 Q22018 Q32019 Q42021 Q12022 Q22023 Q32024 Q42016 Q1 · Prepared remarks: +10.92016 Q2 · Prepared remarks: +16.12016 Q3 · Prepared remarks: +18.62016 Q4 · Prepared remarks: +8.12017 Q1 · Prepared remarks: +14.52017 Q2 · Prepared remarks: +17.22017 Q3 · Prepared remarks: +21.42017 Q4 · Prepared remarks: +17.02018 Q1 · Prepared remarks: +19.02018 Q2 · Prepared remarks: +20.22018 Q3 · Prepared remarks: +20.82018 Q4 · Prepared remarks: +20.92019 Q1 · Prepared remarks: +7.22019 Q2 · Prepared remarks: +17.12019 Q3 · Prepared remarks: +18.42019 Q4 · Prepared remarks: +18.62020 Q1 · Prepared remarks: +18.92020 Q2 · Prepared remarks: +9.32020 Q3 · Prepared remarks: +26.62020 Q4 · Prepared remarks: +8.22021 Q1 · Prepared remarks: +27.02021 Q2 · Prepared remarks: +28.72021 Q3 · Prepared remarks: +24.02021 Q4 · Prepared remarks: +23.22022 Q1 · Prepared remarks: +20.72022 Q2 · Prepared remarks: +24.92022 Q3 · Prepared remarks: +19.72022 Q4 · Prepared remarks: +17.92023 Q1 · Prepared remarks: +22.42023 Q2 · Prepared remarks: +22.32023 Q3 · Prepared remarks: +21.82023 Q4 · Prepared remarks: +23.02024 Q1 · Prepared remarks: +40.22024 Q2 · Prepared remarks: +20.42024 Q3 · Prepared remarks: +18.42024 Q4 · Prepared remarks: +26.02025 Q1 · Prepared remarks: +23.02016 Q1 · Q&A responses: +5.82016 Q2 · Q&A responses: +15.82016 Q3 · Q&A responses: +13.42016 Q4 · Q&A responses: +7.22017 Q1 · Q&A responses: +13.82017 Q2 · Q&A responses: +14.82017 Q3 · Q&A responses: +12.32017 Q4 · Q&A responses: +11.22018 Q1 · Q&A responses: +10.72018 Q2 · Q&A responses: +10.52018 Q3 · Q&A responses: +12.22018 Q4 · Q&A responses: +7.92019 Q1 · Q&A responses: +6.52019 Q2 · Q&A responses: +5.72019 Q3 · Q&A responses: +17.32019 Q4 · Q&A responses: +7.72020 Q1 · Q&A responses: +6.82020 Q2 · Q&A responses: +5.92020 Q3 · Q&A responses: +18.32020 Q4 · Q&A responses: +14.12021 Q1 · Q&A responses: +11.02021 Q2 · Q&A responses: +10.72021 Q3 · Q&A responses: +11.02021 Q4 · Q&A responses: +10.62022 Q1 · Q&A responses: +10.32022 Q2 · Q&A responses: +16.82022 Q3 · Q&A responses: +14.22022 Q4 · Q&A responses: +8.32023 Q1 · Q&A responses: +11.02023 Q2 · Q&A responses: +19.52023 Q3 · Q&A responses: +19.42023 Q4 · Q&A responses: +14.82024 Q1 · Q&A responses: +8.42024 Q2 · Q&A responses: +14.42024 Q3 · Q&A responses: +12.42024 Q4 · Q&A responses: +21.42025 Q1 · Q&A responses: +14.1
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$2.47$7.98$13.482016 Q12017 Q22018 Q32019 Q42021 Q12022 Q22023 Q32024 Q42016 Q1: $3.232016 Q2: $3.572016 Q3: $3.692016 Q4: $3.902017 Q1: $3.962017 Q2: $4.242017 Q3: $4.452017 Q4: $4.712018 Q1: $5.262018 Q2: $5.532018 Q3: $5.772018 Q4: $6.062019 Q1: $6.282019 Q2: $6.562019 Q3: $6.972019 Q4: $7.552020 Q1: $7.912020 Q2: $7.072020 Q3: $7.572020 Q4: $8.062021 Q1: $8.282021 Q2: $8.702021 Q3: $9.242021 Q4: $9.622022 Q1: $9.902022 Q2: $10.322022 Q3: $10.552022 Q4: $10.432023 Q1: $10.692023 Q2: $11.062023 Q3: $11.482023 Q4: $11.782024 Q1: $12.002024 Q2: $12.382024 Q3: $12.72

Forward P/E

5.9916.5627.132016 Q12017 Q22018 Q32019 Q42021 Q12022 Q22023 Q32024 Q42016 Q1: 18.272016 Q2: 20.742016 Q3: 19.922016 Q4: 18.352017 Q1: 19.872017 Q2: 21.322017 Q3: 21.872017 Q4: 21.102018 Q1: 22.402018 Q2: 21.442018 Q3: 21.972018 Q4: 16.722019 Q1: 21.172019 Q2: 24.532019 Q3: 23.572019 Q4: 24.012020 Q1: 17.022020 Q2: 25.622020 Q3: 23.232020 Q4: 24.152021 Q1: 25.672021 Q2: 22.082021 Q3: 17.912021 Q4: 13.312022 Q1: 13.482022 Q2: 10.942022 Q3: 12.562022 Q4: 9.372023 Q1: 9.312023 Q2: 9.142023 Q3: 10.962023 Q4: 10.972024 Q1: 11.172024 Q2: 7.452024 Q3: 8.74

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2016 Q4 tone ↓ -6.4 fwd EPS ↑ +0.21 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↓ -4.1 fwd EPS ↑ +0.29 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q1 tone ↓ -5.8 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↓ -2.9 fwd EPS ↑ +0.58 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -2.7 fwd EPS ↑ +0.36 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q4 tone ↓ -9.2 fwd EPS ↑ +0.49 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↓ -5.8 fwd EPS ↑ +0.23 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -8.1 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q3 tone ↓ -4.1 fwd EPS ↑ +0.35 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-06+15.5——View →
2024 Q42025-02-13+21.1——View →
2024 Q32024-10-30+11.8$12.728.7View →
2024 Q22024-08-07+15.8$12.387.5View →
2024 Q12024-05-01+7.8$12.0011.2View →
2023 Q42024-02-14+15.8$11.7811.0View →
2023 Q32023-10-31+16.4$11.4811.0View →
2023 Q22023-08-01+18.0$11.069.1View →