secwatch.observer — SEC 8-K summary
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Issuer:     CORPAY, INC. (CPAY)
CIK:        0001175454
Form:       8-K
Filed at:   2022-02-08T23:59:59+00:00
Accession:  0001628280-22-002001
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FLEETCOR Q4 revenue up 30% to $802M; adjusted EPS $3.72 (+24%); FY 2022 adj. EPS guidance $15.00-$15.50
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175454/000162828022002001/0001628280-22-002001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175454/000162828022002001/flt-20220208.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-002001

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer