NYSE$CPAY
Corpay Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
FLEETCOR reported strong financial results for Q3 2022, with revenue and adjusted net income per share growth. The company completed three capability acquisitions.
FLEETCOR Technologies, Inc. reported strong financial results for the third quarter ended September 30, 2022. Total revenues increased 18% to $893.0 million, and adjusted net income per share increased 21% to $4.24.
- Total revenues increased 18% to $893.0 million.
- Net income increased 6% to $248.9 million.
- Adjusted net income increased 9% to $320.7 million.
- The company repurchased $500 million of FLEETCOR stock in the quarter.
Headline financials
Revenue & EPS history
Corpay · Revenue · Quarterly
$893M
Revenue by segment
Corpay · $685M total across 3 segments · Q3 2022
- Vehicle Payments$362M—52.8%
- Corporate Payments$197M+16.6%28.8%
- Lodging Payments$126M+48.2%18.4%
Forward guidance
FLEETCOR raised full-year 2022 revenue guidance slightly and maintained full-year adjusted net income per share guidance.
Tailwinds
- Total revenues between $3,400 million and $3,420 million.
- Net income between $939 million and $959 million.
- Net income per diluted share between $12.24 and $12.44.
- Adjusted net income between $1,216 million and $1,236 million.
- Adjusted net income per diluted share between $15.85 and $16.05.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+1.3%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+1.9%
Avg return
30 days after
55%
36 / 65 earnings
Positive
+12.8%
Q4 2016
Best reaction
-13.3%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.2% | +6.2% | +13.9% | |
| Q4 2025 | +11.6% | +18.7% | +4.7% | |
| Q3 2025 | +6.2% | +11.1% | +18.7% | |
| Q1 2025 | -0.4% | +7.2% | +3.4% | |
| Q4 2024 | +0.2% | -5.0% | -13.6% | |
| Q3 2024 | +4.9% | +7.3% | +4.8% | |
| Q2 2024 | +5.7% | +2.7% | +11.8% | |
| Q1 2024 | -7.1% | -5.6% | -15.0% | |
| Q4 2023 | -7.6% | -5.6% | +2.5% | |
| Q3 2023 | -2.0% | -1.8% | +9.7% | |
| Q2 2023 | +5.4% | +7.6% | +10.2% | |
| Q1 2023 | +8.0% | +11.0% | +13.4% | |
| Q4 2022 | -4.4% | -1.4% | -8.2% | |
| Q3 2022 | -6.7% | -3.4% | +3.7% | |
| Q2 2022 | -0.0% | +2.0% | -6.2% | |
| Q1 2022 | -11.7% | -12.0% | -4.1% | |
| Q4 2021 | +7.1% | +4.8% | -1.9% | |
| Q3 2021 | -0.2% | +2.1% | -14.1% | |
| Q2 2021 | +3.8% | +4.4% | +4.2% | |
| Q1 2021 | -2.2% | -3.3% | -5.4% | |
| Q4 2020 | +1.2% | +1.3% | +11.0% | |
| Q3 2020 | -2.1% | +17.6% | +13.0% | |
| Q2 2020 | -9.3% | -11.5% | -10.3% | |
| Q1 2020 | -0.2% | -5.0% | +17.4% | |
| Q4 2019 | -6.2% | -3.4% | -23.8% | |
| Q3 2019 | +1.7% | -0.3% | +5.5% | |
| Q2 2019 | +9.2% | +10.9% | +13.4% | |
| Q1 2019 | +3.7% | +2.7% | -2.1% | |
| Q4 2018 | +6.5% | +6.1% | +11.2% | |
| Q3 2018 | +9.2% | +7.7% | +4.6% | |
| Q2 2018 | -1.0% | -0.3% | -2.1% | |
| Q1 2018 | -5.0% | -3.4% | -4.7% | |
| Q4 2017 | -6.6% | -4.5% | +3.0% | |
| Q3 2017 | +10.3% | +8.8% | +9.4% | |
| Q2 2017 | -5.8% | -7.6% | -6.7% | |
| Q1 2017 | -2.2% | -5.5% | +2.2% | |
| Q4 2016 | +12.8% | +13.1% | +7.7% | |
| Q3 2016 | -13.3% | -14.4% | -17.0% | |
| Q2 2016 | +5.6% | +6.0% | +9.0% | |
| Q1 2016 | -2.1% | — | — | |
| Q4 2015 | +1.5% | — | — | |
| Q3 2015 | +4.5% | — | — | |
| Q2 2015 | +3.1% | — | — | |
| Q1 2015 | -2.5% | — | — | |
| Q4 2014 | +1.8% | — | — | |
| Q3 2014 | +7.6% | — | — | |
| Q2 2014 | -4.1% | — | — | |
| Q1 2014 | +5.5% | — | — | |
| Q4 2013 | +6.9% | — | — | |
| Q3 2013 | +3.7% | — | — | |
| Q2 2013 | +9.7% | — | — | |
| Q1 2013 | +7.3% | — | — | |
| Q4 2012 | +10.2% | — | — | |
| Q3 2012 | +3.6% | — | — | |
| Q4 2011 | +10.8% | — | — | |
| Q2 2012 | +9.6% | — | — | |
| Q1 2011 | -2.9% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2009 | +1.4% | — | — | |
| Q1 2010 | +1.4% | — | — | |
| Q3 2011 | -2.0% | — | — | |
| Q3 2010 | -2.0% | — | — | |
| Q2 2010 | -2.5% | — | — | |
| Q2 2011 | -2.5% | — | — | |
| Q4 2010 | -2.5% | — | — |
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