Fleetcor Technologies, Inc. (FLT) Tops Q1 EPS by 3c, Offers FY Guidance

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Go back to Fleetcor Technologies, Inc. (FLT) Tops Q1 EPS by 3c, Offers FY Guidance

FLEETCOR Reports First Quarter Financial Results

May 7, 2019 4:05 PM EDT

PEACHTREE CORNERS, Ga.--(BUSINESS WIRE)-- FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its first quarter of 2019.

Our first quarter revenues and profits finished above our expectations, with adjusted net income per diluted share of $2.67, $0.07 above the midpoint of our guidance for the quarter. We delivered another solid organic revenue growth rate quarter of 11%, driven primarily by strong double digit growth rates in corporate payments, tolls, lodging (excluding the impact of FEMA), and the fuel category had another strong quarter finishing up 10%, said Ron Clarke,... More