Recap: Fleetcor Technologies Q2 Earnings


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Shares of Fleetcor Technologies (NYSE:FLT) were flat in after-market trading after the company reported Q2 results.

Quarterly Results

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Earnings per share increased 38.16% year over year to $3.15, which beat the estimate of $2.92.

Revenue of $667,381,000 higher by 27.08% year over year, which beat the estimate of $632,170,000.

Outlook

FLEETCOR Sees FY21 Revs $2.74B-$2.79B Vs $2.66B Est

Conference Call Details


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Date: Aug 04, 2021

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/sgiib57u

Technicals

52-week high: $295.36

52-week low: $214.88

Price action over last quarter: down 13.56%

Company Overview

Fleetcor Technologies Inc is a provider of specialised payment products. The company offers fleet cards, food cards, corporate lodging discount cards, and other specialised payment services. Fleetcor's systems enable its customers to manage and control their commercial payments and loyalty-card programmes. Customers include commercial fleet operators, major oil companies, petroleum marketers, and government entities. Further, Fleetcor offers customised analysis solutions to its clients, offering business productivity tracking capabilities. North America is the largest geographic operating segment.


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsBZI-Recaps