Just saw that we missed our Q4 forecast. I am sure Mckinsey and team are sharpening their pencils. Glad to see project 2025 is working so well. Perhaps on the next all hands right after they announce the next cuts, they will tell us Cameron is not taking a bonus this year. How many jobs could that save? Or maybe Mckinsey is waiving there fee. Great job guys.
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https://news.bloomberglaw.com/litigation/global-payments-settles-securities-class-suit-for-3-6-million
What was the dispositions lawsuit?
Just because they meet their numbers..it does not mean it is a good thing. Their end of year balance sheet has some good and bad stuff. The -3% for Dispositions(lawsuit) was not good. Hopefully it is just one time. But in Schedule 5 part had an increase of 347% in stock repurchase and aboutv700 mil reduction of repayment of long term debt. So.. keep in mind that execs get most of their money with stock options. So they may consider this a good year but who knows with this management..