Corpay Sees Q3 Adj. EPS $4.90-$5.00 Vs $4.51 Est.; Revenue $1.015B-$1.035B Vs $973.728M Est.
Portfolio Pulse from Benzinga Newsdesk
Corpay has announced its Q3 adjusted EPS guidance of $4.90-$5.00, surpassing the estimated $4.51. Additionally, the company expects revenue between $1.015 billion and $1.035 billion, exceeding the estimated $973.728 million.
August 07, 2024 | 8:08 pm
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Corpay has raised its Q3 adjusted EPS guidance to $4.90-$5.00, above the estimated $4.51. The company also expects higher revenue of $1.015 billion to $1.035 billion, exceeding the estimated $973.728 million.
The raised guidance for both EPS and revenue indicates strong performance and positive outlook, likely boosting investor confidence and driving the stock price up in the short term.
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