WASHINGTON (dpa-AFX) - FleetCor Technologies, Inc. (FLT) reported earnings
for its third quarter that increased from last year but missed the Street
estimates.

The company's earnings totaled $271.50 million, or $3.64 per share. This
compares with $248.89 million, or $3.29 per share, in last year's third quarter.

Excluding items, FleetCor Technologies, Inc. reported adjusted earnings of
$335.11 million or $4.49 per share for the period.

Analysts on average had expected the company to earn $4.51 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 8.7% to $970.89 million from $893.00
million last year.

FleetCor Technologies, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $271.50 Mln. vs. $248.89 Mln. last year.
-EPS (Q3): $3.64 vs. $3.29 last year.
-Analyst Estimate: $4.51
-Revenue (Q3): $970.89 Mln vs. $893.00 Mln last year.

-Guidance:
Full year EPS guidance: $16.82 - $17.12
Full year revenue guidance: $3,774 - $3,804 Mln


Copyright(c) 2023 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX