Fleetcor Technologies, Inc. (FLT) Tops Q3 EPS by 15c

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FLEETCOR Reports Third Quarter 2020 Financial Results

November 5, 2020 4:05 PM EST

Board of Directors Increases Share Repurchase Program by $1.0 Billion

ATLANTA--(BUSINESS WIRE)-- FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its third quarter of 2020.

Were pleased that our third quarter volumes stepped up sequentially in every line of business, driven primarily from increasing existing client usage. New sales performance also improved dramatically in the quarter, returning to 80% of prior period levels, said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc. Client retention and credit trends were also very... More