Corpay Q2 2024 Adj. EPS $4.55 Beats $4.51 Estimate, Sales $975.710M Beat $973.728M Estimate
Portfolio Pulse from Benzinga Newsdesk
Corpay (NYSE:CPAY) reported Q2 2024 adjusted EPS of $4.55, beating the estimate of $4.51. Sales were $975.710M, surpassing the $973.728M estimate. This marks a 2.90% increase from the same period last year.
August 07, 2024 | 8:06 pm
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Corpay reported Q2 2024 adjusted EPS of $4.55, beating the estimate of $4.51. Sales were $975.710M, surpassing the $973.728M estimate. This marks a 2.90% increase from the same period last year.
Corpay's Q2 2024 earnings and sales both exceeded analyst estimates, indicating strong financial performance. This positive earnings surprise is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100