Fleetcor Technologies, Inc. (FLT) Tops Q4 EPS by 9c, FY16 EPS Comes in Light, Approves $500M Buyback

Fleetcor Technologies, Inc. (NYSE: FLT) reported Q4 EPS of $1.70, $0.09 better than the analyst estimate of $1.61. Revenue for the quarter came in at $430.6 million versus the consensus estimate of $431.97 million.

GUIDANCE:

Fleetcor Technologies, Inc. sees FY2016 EPS of $6.40-$6.60, versus the consensus of $6.69. Fleetcor Technologies, Inc. sees FY2016 revenue of $1.73-1.78 billion, versus the consensus of $1.75 billion.

FleetCor Technologies announced today that its board of directors has authorized the repurchase of up to $500 million of FleetCor’s common stock for an 18 month period ending August 1, 2017.

For earnings history and earnings-related data on Fleetcor Technologies, Inc. (FLT) click here.

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