FLEETCOR Reports First Quarter 2017 Financial Results

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Fleetcor Technologies (FLT) Sees Sharp Green-to-Red Reversal Following EPS, Acquisition

May 2, 2017 10:41 AM EDT

After opening sharply higher on results and a ~$675M acquisition, short target Fleetcor Technologies, Inc. (NYSE: FLT) is now down 3.4%.

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Fleetcor Technologies, Inc. (FLT) Tops Q1 EPS by 9c, Offers FY Guidance

May 1, 2017 4:15 PM EDT

Fleetcor Technologies, Inc. (NYSE: FLT) reported Q1 EPS of $1.96, $0.09 better than the analyst estimate of $1.87. Revenue for the quarter came in at $520.4 million versus the consensus estimate of $512.76 million.

GUIDANCE:

Fleetcor Technologies, Inc. sees FY2017 EPS of $8.21-$8.41, versus the consensus... More