FleetCor Technologies, Inc. (FLT) News

FleetCor Technologies, Inc. (FLT)

Today's Latest Price: $259.20 USD

2.36 (0.92%)

Updated Oct 23 7:00pm

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Ranked of 232 in Financial Services (Enterprise)

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Latest FLT News From Around the Web

Below are the latest news stories about Fleetcor Technologies Inc that investors may wish to consider to help them evaluate FLT as an investment opportunity.

FLEETCOR to Acquire AFEX, a Leading Cross-Border Payments Provider

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has signed a definitive agreement to acquire Associated Foreign Exchange (AFEX), a cross-border payment solutions provider. By acquiring AFEX, FLEETCOR will build upon its corporate payments line of business and strengthen its position as one of the largest business payments companies in the world. The transaction is expected to close in the first quarter of 2021, su

Business Wire | September 17, 2020

FLEETCOR to Participate at Upcoming Investor Conferences

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT) today announced that the Company will present virtually at the following investor conferences: On Monday, September 14, 2020, the Company will participate in a discussion at the Deutsche Bank 2020 Technology Conference, which will begin at 10:05 AM ET. On Friday, September 18, 2020, the Company will participate in a discussion at the 5th Annual Autonomous Future of Commerce Symposium, which will begin at 11:50 AM ET. Investors an

Business Wire | September 9, 2020

FLEETCOR Technologies, Inc. 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by FLEETCOR Technologies, Inc. in conjunction with their 2020 Q2 earnings call....

SA Transcripts on Seeking Alpha | August 11, 2020

FleetCor flops after Q2 results; Freund to succeed Dey as CFO

FleetCor Technologies ([[FLT]] -8.2%) is one of today's biggest losers on the S&P 500 after reporting Q2 adjusted earnings that fell 37% Y/Y to $158M but topped analyst expectations.Q2 revenues dropped 19% Y/Y to $525M, including sales declines of 15% to $250M in FleetCor's fuel card program, 20% to $99M in...

Seeking Alpha | August 7, 2020

FLEETCOR Technologies, Inc. (FLT) CEO Ronald Clarke on Q2 2020 Results - Earnings Call Transcript

FLEETCOR Technologies, Inc. (FLT) Q2 2020 Earnings Conference Call August 6, 2020 17:00 ET Company Participants James Eglseder - Investor Relations Ronald Clarke - Chairman & Chief Executive Officer Eric Dey - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Ramsey El-Assal - Barclays Ashish Sabadra - Deutsche...

SA Transcripts on Seeking Alpha | August 7, 2020

FleetCor Technologies Reports Revenue And Earnings Declines

FleetCor Technologies Inc . (NYSE: FLT ) announced Thursday second-quarter net income of $158.5 million, or $1.83 per share, a 37% year-over-year decline compared to 2019. The Atlanta-based commercial fuel-card and business-payment systems provider also posted second-quarter revenue of $525.1 million, a decrease of 19% compared to 2019. Second-quarter revenue fell 18% short of Wall Street expectations of $535.8 million, while its earnings per share of $1.83 beat expectations by 23 cents. The COVID-19 pandemic had a significant impact on results, but the company was "pleased with our ability to manage our operating expenses during the quarter," said FleetCor CEO Ron Clarke. "We're delighted honestly with our Q2 credit loss results, which came in at $21 … Full story available on Benzinga.com

Benzinga | August 7, 2020

FLEETCOR Reports Second Quarter 2020 Financial Results

ATLANTA, Ga.--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global provider of business payment solutions, today reported financial results for its second quarter of 2020. “The COVID-19 pandemic had a significant impact on our results in the second quarter of 2020, but we are pleased with our ability to manage our operating expenses during the quarter to help cushion our profit decline. Other bright spots were that our client retention remained stable at 91%, credit losses

Business Wire | August 6, 2020

FleetCor Technologies (FLT) Expected to Beat Earnings Estimates: Should You Buy?

FleetCor Technologies (FLT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | July 30, 2020

What Makes FleetCor Technologies (FLT) a New Buy Stock

FleetCor Technologies (FLT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).

Yahoo | July 23, 2020

Can FleetCor Technologies (FLT) Keep the Earnings Surprise Streak Alive?

FleetCor Technologies (FLT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Yahoo | July 22, 2020

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