Global Payments (NYSE: GPN) stock soared 7.24% in pre-market trading on Tuesday following the release of its impressive first-quarter 2025 financial results. The payment technology company outperformed analyst expectations, demonstrating resilience in consumer spending and continued growth in its core businesses.

Global Payments reported adjusted earnings per share of $2.82 for Q1 2025, surpassing the analyst consensus estimate of $2.72 by 3.68%. This represents a substantial 8.88% increase from the $2.59 per share earned in the same period last year. The company's quarterly revenue also exceeded expectations, coming in at $2.21 billion, slightly above the projected $2.20 billion and marking a 0.96% year-over-year increase.

The strong performance was driven by consistent revenue growth in Global Payments' merchant solutions business, which saw a 0.5% rise, while its issuer solutions segment grew by 2.6%. Despite concerns about tariff-related inflation and economic uncertainties, consumer spending levels remained steady, benefiting from strong wage growth and low unemployment. Additionally, Global Payments reaffirmed its outlook for 2025, further boosting investor confidence in the company's future prospects.