WASHINGTON (dpa-AFX) - Global Payments Inc. (GPN) reported third-quarter net income attributable to the company of $58.5 million or $0.75 per share, compared to $57.9 million or $0.73 per share for the year-ago quarter.
Cash earnings for the latest third quarter were $67.9 million or $0.87 per share, compared to $65.3 million or $0.83 per share in the comparable quarter last year.
Revenue for the third quarter grew 8% to $578.75 million from $533.54 million a year earlier.
On average, analysts polled by Thomson Reuters expected the company to earn $0.89 per share on revenue of $580.28 million for the third quarter. Analysts' estimates typically exclude special items.
For the full-year of fiscal 2013, the company continues to expect annual revenue of $2,360 million to $2,400 million and cash earnings per share of $3.64 to $3.71.
Annual fiscal 2013 GAAP earnings per share have been revised to include the estimated impact of net intrusion remediation costs of $0.17 per share and are now expected to be in a range of $2.87 to $2.94 from its prior expectation of $3.04 to $3.11.
Analysts currently expect the company to earn $3.70 per share on revenue of $2.40 billion for the fiscal year 2013.
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