ATLANTA (AP) _ Global Payments Inc. (GPN) on Monday reported first-quarter earnings of $244.7 million.

The Atlanta-based company said it had profit of 87 cents per share. Earnings, adjusted for one-time gains and costs, were $2.07 per share.

The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share.

The electronics payment processing company posted revenue of $2.16 billion in the period. Its adjusted revenue was $1.95 billion, which missed Street forecasts. Nine analysts surveyed by Zacks expected $1.96 billion.

Global Payments expects full-year earnings in the range of $9.45 to $9.67 per share, with revenue in the range of $8.42 billion to $8.5 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPN at https://www.zacks.com/ap/GPN

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