FleetCor Technologies, Inc. (NYSE:FLT) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, FLT to report 3Q20 income of $ 2.65 per share.
For the full year, analysts anticipate top line of $ 2395.67 million, while looking forward to income of $ 10.82 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,900.00 million ~ $ 2,960.00 million, where as bottomline are predicted in a range of $ 13.35 ~ $ 13.75 per share
Click Here For More Historical Outlooks Of FleetCor Technologies, Inc.
Previous Quarter Performance
FleetCor Technologies, Inc. communicated income for the second quarter of $ 2.28 per share, from the revenue of $ 525.15 million. The quarterly earnings 20.00 percent while revenues dropped 18.84 percent compared with the same quarter last year.
Street analysts expected FleetCor Technologies, Inc. to report income of $ 2.23 per share on revenue of $ 537.93 million for the second quarter. The bottom line results beat street analysts by $ 0.05 or 2.24 percent, at the same time, top line results fell short of analysts by $ 12.78 million or 2.38 percent.
Stock Performance
Shares of FleetCor Technologies, Inc. traded up $ 2.05 or 0.87 percent on Wednesday, reaching $ 237.19 with volume of 640.50 thousand shares. FleetCor Technologies, Inc. has traded high as $ 241.15 and has cracked $ 235.03 on the downward trend
The closing price of $ 237.19, representing a 39.54 % increase from the 52 week low of $ 168.51 and a 28.71 % decrease over the 52 week high of $ 329.85.
The company has a market capital of $ 19.94 billion and is part of the Industrials sector and Business Services industry.
Conference Call
FleetCor Technologies, Inc. will be hosting a conference call at 5:30 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.fleetcor.com
FleetCor Technologies, Inc. provides commercial payment solutions in North America, Latin America, Europe, and Australasia. The company offers fuel payment solutions to businesses and government entities that operate vehicle fleets, as well as to oil and leasing companies, and fuel marketers.
