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FleetCor Technologies, Inc. (FLT) released a profit for its third quarter that climbed from last year.


RTTNews | Nov 3, 2021 04:22PM EDT

16:22 Wednesday, November 3, 2021 (RTTNews.com) - FleetCor Technologies, Inc. (FLT) released a profit for its third quarter that climbed from last year.

The company's profit totaled $234.01 million, or $2.80 per share. This compares with $188.82 million, or $2.19 per share, in last year's third quarter.

Excluding items, FleetCor Technologies, Inc. reported adjusted earnings of $294.36 million or $3.52 per share for the period.

Analysts had expected the company to earn $3.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 29.1% to $755.48 million from $585.28 million last year.

FleetCor Technologies, Inc. earnings at a glance:

-Earnings (Q3): $294.36 Mln. vs. $241.93 Mln. last year.-EPS (Q3): $3.52 vs. $2.80 last year.-Analysts Estimate: $3.48-Revenue (Q3): $755.48 Mln vs. $585.28 Mln last year.

-Guidance:Next quarter revenue guidance: $13.00 - $13.10Full year revenue guidance: $2.785 - $2.805 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3239041/fleetcor-technologies-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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