Fleetcor Technologies Q4 Earnings Preview


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


On Wednesday, Feb. 6, Fleetcor Technologies (NYSE:FLT) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Analysts covering Fleetcor Technologies modeled for quarterly EPS of $2.72 on revenue of $620.11 million.

In the same quarter last year, Fleetcor Technologies reported EPS of $2.42 on revenue of $579.54 million. If the company were to match the  consensus estimate when it reports Wednesday, earnings would be up 12.40 percent. Revenue would be up 7 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2018 Q2 2018 Q1 2018 Q4 2017
EPS Estimate 2.66 2.53 2.37 2.33
EPS Actual 1.71 2.57 2.5 2.42

Stock Performance

Over the last 52-week period, shares are down 2.65 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Fleetcor Technologies stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Fleetcor's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/vdbaghwg


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsEarnings Previews