Global Payments Inc., which completed its spinoff from National Data Corp. and began trading on the New York Stock Exchange on Feb. 1, beat earnings estimates by 16% in the quarter that ended last month.

The card transaction processor said Wednesday that it had earned 22 cents in the quarter, the third of its fiscal year. AnalystsÂ’ consensus prediction had been 19 cents, according to First Call Corp., an American Banker affiliate.

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