ATLANTA (AP) — ATLANTA (AP) — Corpay, Inc. (CPAY) on Tuesday reported first-quarter net income of $243.2 million.
On a per-share basis, the Atlanta-based company said it had net income of $3.40. Earnings, adjusted for one-time gains and costs, were $4.51 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.49 per share.
The provider of fuel card and payment products for businesses posted revenue of $1.01 billion in the period, which met Street forecasts.
Corpay expects full-year earnings in the range of $20.80 to $21.20 per share, with revenue in the range of $4.38 billion to $4.46 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPAY at https://www.zacks.com/ap/CPAY
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
