earnings
confidence high
sentiment positive
materiality 0.80
FLEETCOR Q2 beats: revenue +29% to $861M, adj EPS $4.17; raises FY2022 guidance
CORPAY, INC.
2022-Q2 EPS reported
$6.10
revenue$1,650,519,000
- Revenue $861.3M (+29% YoY), GAAP EPS $3.35 (+46%), adjusted EPS $4.17 (+32%).
- Organic revenue growth 17% driven by lodging and corporate payments.
- FY2022 guidance raised: revenue $3.38B-$3.42B, adjusted EPS $15.85-$16.05.
- Q3 2022 outlook: revenue $870M-$890M, adjusted EPS $4.15-$4.25.
- Company repurchased shares and expects continued opportunistic buybacks.