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

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FLEETCOR Reports First Quarter 2021 Financial Results

May 5, 2021 4:05 PM EDT

ATLANTA--(BUSINESS WIRE)-- FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its first quarter of 2021.

2021 is off to a good start, with first quarter revenue results in line with our expectations and adjusted net income per share slightly better than our original outlook, mostly due to credit performance, said Ron Clarke, chairman and chief executive officer, FLEETCOR Technologies, Inc. Although revenue and adjusted EPS were down 8% and 6%, respectively, versus last year, this was mostly due to pandemic driven client softness of roughly 6%. We remain... More