secwatch.observer — SEC 8-K summary
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Issuer:     CORPAY, INC. (CPAY)
CIK:        0001175454
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001628280-24-003716
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 rev $937M (+6%), adj EPS $4.44; FY record revenue; guides FY24 adj EPS $19.20-$19.60
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- Q4 rev $937.3M (+6%), adj EPS $4.44 (+10%), EBITDA $508.1M (+11%).
- FY23 rev $3,757.7M (+10%), net income $981.9M (+3%), adj EPS $16.92 (+5%).
- Corporate Payments segment grew 19% in 2023, now >25% of total revenue.
- Increased revolver capacity by $600M; plans to repurchase $800M shares in 2024; board added $1B authorization.
- FY24 guidance: rev $4,040-4,120M, adj EPS $19.20-$19.60; Q1 adj EPS $4.02-$4.12.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175454/000162828024003716/0001628280-24-003716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175454/000162828024003716/flt-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-003716

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