Fleetcor Technologies, Inc. (FLT) Tops Q1 EPS by 3c, Offers FY Guidance
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FleetCor Reports First Quarter 2016 Financial Results
May 4, 2016 4:06 PM EDTRaises 2016 Guidance
NORCROSS, Ga.--(BUSINESS WIRE)-- FleetCor Technologies, Inc. (NYSE: FLT), a leading global provider of fuel cards and workforce payment products to businesses, today reported financial results for its first quarter ended March 31, 2016.
We reported good first quarter results, despite the continuation of a pretty unfavorable macro-environment. Importantly, our fundamentals were strong, organic revenue growth was approximately 9% in the quarter, on a constant fuel price, currency, and spread basis, said Ron Clarke, chairman and chief executive officer, FleetCor Technologies, Inc. We are raising our full year 2016 guidance by $0.03 to reflect our... More
