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0 0 0.000909449176948529 0.00106102403977331 0.000333464698214489 -0.000151574862824784 0 0.00284960742110528
Stock impact report

Corpay Gears Up to Report Q3 Earnings: What's in the Offing? [Yahoo! Finance]

Corpay, Inc. (CPAY) 
Company Research Source: Yahoo! Finance
The company surpassed the Zacks Consensus Estimate in two of the four trailing quarters, missed in one, and met in another instance. It delivered an earnings surprise of 0.2%, on average. Corpay, Inc. price-eps-surprise | Corpay, Inc. Quote The Zacks Consensus Estimate for revenues is pegged at $1 billion, implying 5.8% growth from the year-ago quarter's actual. We expect the top line to have been fueled by corporate payments, and the Brazil and international fleet business. Our expectation for corporate payments is pegged at $296.2 million, increasing 14.9% on a year-over-year basis. We anticipate this segment's revenues to have been driven by the increase in the client spend volume in all geographies, reflecting the company's ability to expand into its large addressable market. We anticipate revenues of $520 million from vehicle payments, suggesting 3.9% growth from the year-ago quarter's actual. It is expected to have benefited from CPAY's Brazil and international fleet bu Show less Read more
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