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