Shift4 Payments Outlines 2027 Growth Targets and Q4 Gross Revenue Less Fees Outlook
Shift4 Payments (FOUR) reported third-quarter results that aligned with previous guidance across all major key performance indicators. CEO David Lauber noted that while the company met its targets, travel disruptions acted as a headwind for the tax-free shopping segment of the business. Looking ahead, management provided a Q4 Gross Revenue Less Fees (GRLNF) outlook in the range of $625 million to $640 million. Furthermore, the company outlined long-term growth expectations, targeting mid-to-high single-digit organic GRLNF growth through 2027.
Tickers: $FOUR
Topics: earnings report KPI performance travel industry headwinds