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Friday, Feb 8
FleetCor Technologies (FLT +12.5%) jumps after its Q4 easily topped estimates yesterday. The...
FleetCor Technologies (FLT +12.5%) jumps after its Q4 easily topped estimates yesterday. The company reported an EPS of $0.82, beating Street estimates of $0.75, on revenue of $185M. Net earnings jumped 59% Y/Y as the commercial-fuel-cards company reported double-digit revenue gains globally, as well as stronger margins. The company also offered upbeat guidance for the full year, now expecting to earn between $3.61 and $3.69 a share, topping the $3.40 per share estimate by analysts, on revenue between $790M to $810M, versus the Street's expectation of $776M. Read more on earnings here: Earnings Call Transcript.