Fleetcor Technologies, Inc. (FLT) Tops Q3 EPS by 6c

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FleetCor Reports Third Quarter 2016 Financial Results

November 1, 2016 4:06 PM EDT

Raises 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 third quarter ended September 30, 2016.

We delivered a solid quarter, slightly ahead of our expectations. Adjusted net earnings per share grew 15% on a reported basis, and 25% on a macro neutral basis, ahead of our stated target, said Ron Clarke, Chairman and CEO, FleetCor Technologies, Inc. We also completed the STP and Travelcard acquisitions during the third quarter, and are beginning our... More