Fleetcor Technologies, Inc. (FLT) Tops Q3 EPS by 15c

Fleetcor Technologies, Inc. (NYSE: FLT) reported Q3 EPS of $2.80, $0.15 better than the analyst estimate of $2.65. Revenue for the quarter came in at $585.3 million versus the consensus estimate of $581.1 million.

Fiscal-Year 2020 Outlook:

“While business conditions have improved globally, the sustainability of recoveries across our markets remains uncertain, therefore we have not reinstated our full-year 2020 outlook,” said Charles Freund, chief financial officer, FLEETCOR Technologies, Inc. We expect to manage expenses 10%-12% below last year in order to balance current profitability with investment for future growth.”

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

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