Fleetcor Technologies (NYSE:FLT) reported its Q4 earnings results on Tuesday, February 8, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Fleetcor Technologies beat estimated earnings by 3.33%, reporting an EPS of $3.72 versus an estimate of $3.6.
Revenue was up $184.92 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04, which was followed by a 0.09% drop in the share price the next day.
Here's a look at Fleetcor Technologies's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 3.48 | 2.92 | 2.73 | 2.81 |
| EPS Actual | 3.52 | 3.15 | 2.82 | 3.01 |
| Revenue Estimate | 739.48M | 632.17M | 609.24M | 603.24M |
| Revenue Actual | 755.48M | 667.38M | 608.62M | 617.33M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Fleetcor Technologies management provided guidance for their next quarter, expecting earnings between $3.45 and $3.55 per share for the next quarter.
This represents a -5.91% in quarter-over-quarter growth for Fleetcor Technologies, a bearish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
