Fleetcor Technologies, Inc. (FLT) Tops Q4 EPS by 3c, Offers FY Guidance
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FLEETCOR Reports Fourth Quarter and Fiscal-Year 2016 Financial Results
February 8, 2017 4:37 PM ESTNORCROSS, 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 fourth quarter and year ended December 31, 2016.
Q4 revenue and adjusted net income per share finished above the high end of our guidance range, and Q4 new sales bookings recovered quite nicely, said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc. We are expecting 2017 to be a great year, with organic revenue growth accelerating to 10%, and adjusted net income projected to grow 19%, at the mid-point of... More
