Corpay beats Q4 revenue estimates

Overview

• Corporate payments firm's Q4 revenue rose 21%, beating analyst expectations

• Adjusted EPS for Q4 grew 13%, beating analyst expectations

• Company completed second largest acquisition in its history

Outlook

• Corpay expects fiscal year 2026 revenue between $5,215 mln and $5,315 mln

• Company forecasts 2026 net income per share between $19.49 and $20.49

• Corpay anticipates 10% organic revenue growth for full year 2026

Result Drivers

• CORPORATE PAYMENTS GROWTH - Corporate payments segment achieved 16% organic revenue growth, despite a 200 basis point headwind from float revenue compression

• ACQUISITIONS AND INVESTMENTS - Closed second largest acquisition in company history and two strategic investments, setting strong foundation for 2026

• SHARE REPURCHASES - Repurchased 1.7 million shares for $500 million in Q4, enhancing shareholder value

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the business support services peer group is "buy"

• Wall Street's median 12-month price target for Corpay Inc is $369.00, about 26.3% above its February 3 closing price of $292.23

• The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw3yqjK6a

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