Corpay Reports Third Quarter 2024 Financial Results
Corpay, Inc. (CPAY)
Company Research
Source: Business Wire
Surpasses $1 Billion in quarterly revenue ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its third quarter ended September 30, 2024.“We surpassed $1 billion in quarterly revenue for the first time, led by Corporate Payments organic growth of 18%. Business fundamentals were quite good with same store sales and retention improving and sales remaining strong,” said Ron Clarke, chairman and chief executive officer, Corpay, Inc. “We're confident that our revenue growth will accelerate in the fourth quarter, which positions us well heading into 2025.”Financial Results for Third Quarter of 2024:GAAP ResultsRevenues increased 6% to $1,029.2 million in the third quarter of 2024, compared with $970.9 million in the third quarter of 2023, which included $13 million of revenue from our sold Russia business.Net income attributable to Corpay increased 2% to $276.4 million in the third quarter of 2024, compared with $271.5 m
Show less
Read more
Impact Snapshot
Event Time:
CPAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CPAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CPAY alerts
High impacting Corpay, Inc. news events
Weekly update
A roundup of the hottest topics
CPAY
News
- Corpay Cross-Border Extends Partnership with World Aquatics [Yahoo! Finance]Yahoo! Finance
- Corpay Cross-Border Extends Partnership with World AquaticsBusiness Wire
- Corpay, Inc. (NYSE: CPAY) had its price target raised by analysts at Citigroup Inc. from $405.00 to $430.00. They now have a "buy" rating on the stock.MarketBeat
- Corpay, Inc. (NYSE: CPAY) had its price target raised by analysts at Morgan Stanley from $325.00 to $350.00. They now have an "equal weight" rating on the stock.MarketBeat
- Decoding Corpay Inc (CPAY): A Strategic SWOT Insight [Yahoo! Finance]Yahoo! Finance
CPAY
Earnings
- 11/7/24 - Beat
CPAY
Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 144
- 11/20/24 - Form 4
- CPAY's page on the SEC website