Fleetcor Technologies Q4 2023 Adj EPS $4.44 Misses $4.48 Estimate, Sales $937.30M Miss $970.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fleetcor Technologies (FLT) reported Q4 2023 adjusted EPS of $4.44, missing the $4.48 estimate, and sales of $937.30M, missing the $970.15M estimate. This represents a 6.08% increase in sales compared to the same period last year.
February 07, 2024 | 9:06 pm
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NEGATIVE IMPACT
Fleetcor Technologies reported lower than expected Q4 2023 earnings and sales, missing analyst estimates.
Missing both earnings and sales estimates can lead to negative investor sentiment and potentially lower stock prices in the short term. The miss, although slight, indicates a performance below market expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100