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Corpay Q3 Adjusted EPS, Revenue Increase; Issues Q4 Outlook
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Corpay Q3 Adjusted EPS, Revenue Increase; Issues Q4 Outlook
Nov 9, 2024 12:40 PM

04:55 PM EST, 11/07/2024 (MT Newswires) -- Corpay ( CPAY ) reported Q3 adjusted earnings Thursday of $5.00 per diluted share, up from $4.49 a year earlier.

Analysts polled by Capital IQ expected $4.97.

Revenue for the quarter ended Sept. 30 was $1.03 billion, up from $970.9 million a year earlier.

Analysts surveyed by Capital IQ expected $1.03 billion.

The company said it expects Q4 adjusted EPS to be between $5.25 and $5.45 and revenue to be between $1.04 billion and $1.07 billion.

Analysts polled by Capital IQ expect $5.36 and $1.05 billion, respectively.

The company expects 2024 adjusted EPS to be between $18.90 and $19.10 and revenue to be between $3.98 billion and $4.01 billion.

The previous guidance was adjusted EPS of $18.85 to $19.15 and revenue to be between $3.98 billion and $4.03 billion.

Analysts surveyed by Capital IQ expect $18.96 and $3.99 billion.

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