FLEETCOR Technologies (FLT) to Release Earnings on Wednesday


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FLEETCOR Technologies (NYSE:FLT) will post its quarterly earnings results after the market closes on Wednesday, May 5th. Analysts expect FLEETCOR Technologies to post earnings of $2.56 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

FLEETCOR Technologies (NYSE:FLT) last announced its quarterly earnings results on Thursday, February 4th. The business services provider reported $3.01 EPS for the quarter, beating the consensus estimate of $2.81 by $0.20. The firm had revenue of $617.33 million for the quarter, compared to analyst estimates of $603.81 million. FLEETCOR Technologies had a return on equity of 30.65% and a net margin of 29.55%. During the same quarter last year, the firm posted $3.17 earnings per share. On average, analysts expect FLEETCOR Technologies to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Shares of FLEETCOR Technologies stock opened at $293.44 on Tuesday. The firm has a market cap of $24.48 billion, a P/E ratio of 35.40, a P/E/G ratio of 2.49 and a beta of 1.50. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.08. FLEETCOR Technologies has a 12 month low of $206.60 and a 12 month high of $295.36. The stock’s fifty day moving average price is $283.95 and its 200-day moving average price is $269.00.

FLT has been the topic of several analyst reports. Bank of America upgraded FLEETCOR Technologies from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 6th. Citigroup upgraded FLEETCOR Technologies from a “neutral” rating to a “buy” rating and set a $310.00 target price on the stock in a research note on Thursday, April 1st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded FLEETCOR Technologies from a “neutral” rating to a “buy” rating and set a $310.00 target price on the stock in a research note on Thursday, April 1st. Susquehanna lifted their target price on FLEETCOR Technologies from $305.00 to $350.00 and gave the company a “positive” rating in a research note on Thursday, April 1st. Finally, Credit Suisse Group lifted their target price on FLEETCOR Technologies from $240.00 to $270.00 and gave the company a “neutral” rating in a research note on Friday, February 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seventeen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $294.89.

FLEETCOR Technologies Company Profile

FLEETCOR Technologies, Inc provides digital payment solutions for businesses to control purchases and make payments. It offers corporate payments solutions, such as accounts payable automation; Virtual Card, which provides a single-use card number for a specific amount usable within a defined timeframe; Cross-Border that is used by its customers to pay international suppliers, foreign office and personnel expenses, capital expenditures, and profit repatriation and dividends; and purchasing cards and travel and entertainment cards for its customers to analyse and manage their corporate spending.

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Earnings History for FLEETCOR Technologies (NYSE:FLT)

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