earnings
confidence high
sentiment positive
materiality 0.85
FLEETCOR Q4 revenue up 30% to $802M; adjusted EPS $3.72 (+24%); FY 2022 adj. EPS guidance $15.00-$15.50
CORPAY, INC.
2021-FY EPS reported
$9.99
revenue$2,833,736,000
- Q4 revenue $802.3M (+30% YoY); GAAP net income $225M ($2.74 diluted EPS) vs $209.9M ($2.44).
- Full-year 2021 adj. net income $1,109.8M; adj. diluted EPS $13.21 (+19% YoY).
- FY 2022 guidance: revenue $3,190M-$3,250M; adj. EPS $15.00-$15.50; organic growth 9%-11%.
- Repurchased ~2.3M shares in Q4 and 1.1M in Jan 2022; Board authorized $1B increase in buyback program.
- Closed $750M upsizing of Term B credit facility at LIBOR+175 bps; leverage minimal impact.