Corpay Q1 Earnings, Revenue Rise; Updates Outlook

MT Newswires Live
07 May

Corpay (CPAY) reported Q1 adjusted diluted earnings late Tuesday of $4.51 per share, up from $4.10 a year earlier.

Analysts polled by FactSet also expected $4.51.

Revenue for the quarter ended March 31 was $1.01 billion, up from $935.3 million a year ago. Analysts expected $1.02 billion.

For fiscal 2025, Corpay said its guidance now included its recent Gringo acquisition, expecting adjusted EPS of $20.80 and $21.20 on revenue of $4.38 billion and $4.46 billion.

It forecast EPS of $20.75 to $21.25 on revenue of $4.35 billion to $4.45 billion previously. Analysts expected $21.07 and $4.40 billion, respectively.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10