Corpay Sees FY24 Adj. EPS $18.85-$19.15 Vs $18.99 Est.; Revenue $3.976B-$4.025B Vs $4.004B Est.
Portfolio Pulse from Benzinga Newsdesk
Corpay has released its financial guidance for FY24, projecting adjusted EPS between $18.85 and $19.15, slightly below the estimated $18.99. Revenue is expected to be between $3.976 billion and $4.025 billion, close to the estimated $4.004 billion.
August 07, 2024 | 8:08 pm
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Corpay's FY24 financial guidance shows a slight miss on EPS estimates but aligns closely with revenue expectations. This mixed outlook may lead to minor volatility in the stock price.
The slight miss on EPS estimates and close alignment with revenue expectations suggest a mixed outlook. Investors may react with minor volatility in the stock price as they digest the guidance.
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