Global payments reports q1 adj. earnings per share of $1.58

Global payments reports first quarter 2020 results.q1 adjusted earnings per share $1.58.q1 revenue $1.904 billion versus refinitiv ibes estimate of $1.74 billion.q1 earnings per share estimate $1.53 -- refinitiv ibes data.q1 earnings per share $0.48.implemented cost initiatives that co expects to deliver at least an incremental $400 million of savings over next 12 months.approved a dividend of $0.195 per share payable june 26, 2020.truist financial has selected global payments to be its provider of issuer processing services for its combined business.remain on track to achieve at least $125 million in annual run-rate revenue synergies from tsys merger.remain on track to achieve at least $350 million in annual run-rate expense synergies from tsys merger.
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