Corpay, Inc. (CPAY) delivered robust results in the first quarter of 2025, driven by higher sales of corporate payment solutions. The earnings beat impressed the market as the company’s shares gained 8.1% since the earnings release on May 6.CPAY posted adjusted earnings per share of $4.51, beating the Zacks Consensus Estimate by a slight margin. This represents 10% year-over-year growth in the bottom line. Total revenues registered a rise of 7.5% from the preceding year to $1 billion. However, the top line ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ FORM 10-Q _________________________________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period ...

Corpay, Inc. Price, Consensus and EPS Surprise Corpay's Segmental Results Vehicle payments' revenues of $487.1 million declined marginally from the year-ago quarter. This figure missed our estimate of $506.7 million. Despite a marginal decline, CPAY showed promising growth across Brazil, fueled by an increase in toll tags and electric vehicle offerings across the U.K. and Europe. Revenues from corporate payments amounted to $352.7 million, increasing 33% year over year, beating our estimate of $335.7 millio ...

Q1 2025 Earnings Release Supplement Refer to earnings release dated May 6, 2025 for further information ^ - dark blue-teal #00B5E2 ^ - light raspberry #981239 ^ - dark raspberry #981239 ^ - light blue-teal #59CBE8 ^ - cool gray 1 #E6E8E7 ^ - maroon #3D1628 Q1 Safe Harbor Provision 2025 ^ This presentation contains forward-looking statements within the meaning of the federal securities laws. Statements that are not historical facts, including statements about Corpay's (formerly known as Fleetcor Technologies ...

For the quarter ended March 2025, Corpay (CPAY) reported revenue of $1.01 billion, up 7.5% over the same period last year. EPS came in at $4.51, compared to $4.10 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.01 billion, representing a surprise of -0.43%. The company delivered an EPS surprise of +0.45%, with the consensus EPS estimate being $4.49.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectat ...

Core Insights - Corpay (CPAY) reported quarterly earnings of $4.51 per share, exceeding the Zacks Consensus Estimate of $4.49 per share, and up from $4.10 per share a year ago, representing an earnings surprise of 0.45% [1] - The company posted revenues of $1.01 billion for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 0.43%, compared to $935.25 million in the same quarter last year [2] - Corpay has surpassed consensus EPS estimates in all four of the last quarters and has topped consensus revenue estimates twice during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $5.12 on revenues of $1.09 billion, while for the current fiscal year, the estimate is $21.11 on revenues of $4.42 billion [7] - The estimate revisions trend for Corpay is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Financial Transaction Services industry, to which Corpay belongs, is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Performance - Corpay reported first quarter 2025 revenues of $1,005.7 million, an increase of 8% compared to $935.3 million in the first quarter of 2024[5]. - Net income attributable to Corpay rose 6% to $243.2 million in the first quarter of 2025, up from $229.8 million in the same period last year[5]. - Organic revenue growth for the first quarter of 2025 was 9%, with the Corporate Payments segment growing by 19%[2]. - Adjusted EBITDA increased 8% to $555.4 million in the first quarter of 2025, compared to $516.5 million in the first quarter of 2024[5]. - Basic earnings per share increased by 8% to $3.46 in Q1 2025, up from $3.20 in Q1 2024[20]. - Adjusted net income attributable to Corpay for Q1 2025 was $322,926, up from $301,320 in Q1 2024, indicating a growth of 7%[26]. - The company reported an operating income of $427.1 million, up 7% from $397.3 million in Q1 2024[32]. - Adjusted EBITDA for Q1 2025 was $555.4 million, reflecting a margin of 55.2%, consistent with the previous year[35]. Revenue Guidance - For fiscal year 2025, Corpay expects total revenues between $4,380 million and $4,460 million[6]. - Net income guidance for fiscal year 2025 is projected to be between $1,167 million and $1,207 million[6]. - Adjusted net income per diluted share is expected to be between $20.80 and $21.20 for fiscal year 2025[6]. - Q2 2025 net income guidance is set between $272 million and $282 million[38]. - Q2 2025 adjusted net income is anticipated to be between $359 million and $369 million[38]. - Q2 2025 adjusted net income per diluted share is projected to range from $5.05 to $5.15[38]. - Adjusted net income for 2025 is expected to be between $1,485 million and $1,525 million[38]. Asset and Liability Changes - Total current assets rose to $9,077,561 as of March 31, 2025, compared to $8,675,869 at the end of 2024, marking a 5% increase[22]. - Total assets increased to $18,547,780 as of March 31, 2025, up from $17,957,031 at the end of 2024, representing a growth of 3%[22]. - Total liabilities increased to $15,053,698 as of March 31, 2025, compared to $14,811,042 at the end of 2024, reflecting a rise of 2%[22]. - Cash and cash equivalents and restricted cash at the end of Q1 2025 totaled $4,383,423, compared to $3,202,676 at the end of Q1 2024[24]. - The company reported a net cash used in operating activities of $(74,151) for Q1 2025, a significant decrease from $350,184 in Q1 2024[24]. Segment Performance - Vehicle Payments segment generated revenues of $487.1 million, down 1% from $494.1 million in the same period last year[32]. - Corporate Payments segment saw a significant revenue increase of 33%, reaching $352.7 million compared to $265.4 million in Q1 2024[32]. - Lodging Payments segment reported revenues of $110.2 million, a slight decrease of 1% from $111.3 million in Q1 2024[32]. - Revenues from Other segment decreased by 14% to $55.7 million, down from $64.5 million in Q1 2024[32]. - The average monthly tag subscriptions for Q1 2025 were 7.6 million, with total tag transactions reaching 22.9 million, an 8% increase year-over-year[32]. - The US market contributed $507 million, accounting for 50% of total revenues, while Brazil and the UK contributed $163 million (16%) and $146 million (15%) respectively[30]. Investment and Acquisitions - The company plans to invest $500 million to acquire AvidXchange, alongside TPG[2]. - The company maintains its original 2025 outlook while incorporating the recent Gringo acquisition[4]. Operating Expenses - Total operating expenses for Q1 2025 were $578,543, an increase of 8% from $537,913 in Q1 2024[20]. - Capital expenditures increased by 9% to $44.8 million, compared to $41.2 million in Q1 2024[32]. Pre-Tax Adjustments - Total pre-tax adjustments for 2025 are estimated at $428 million[38]. - Total pre-tax adjustments for Q2 2025 are expected to be $118 million[38]. Stock-Based Compensation - Stock-based compensation for both 2025 and Q2 2025 is maintained at $108 million and $33 million respectively[38]. Share Information - Diluted shares for both 2025 and Q2 2025 are consistent at 72 million[38].

Corpay (CPAY) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants Jim Eglseder - Investor RelationsRon Clarke - Chairman and Chief Executive OfficerAlissa Vickery - Chief Accounting Officer & Interim CFOShray Gurtata - Assistant Vice PresidentSanjay Sakhrani - Managing DirectorTrevor Williams - Managing DirectorRayna Kumar - Managing Director - Fintech Equity Research Conference Call Participants Tien-tsin Huang - Senior AnalystAndrew Jeffrey - Research AnalystAndrew Schmidt - Equity Researc ...

Corpay (CPAY) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Speaker0 Good day. I'd like to welcome everyone to the Corpay First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Today's call is being recorded. I would now like to turn the call over to Jim Egglestader, Investor Relations. Please go ahead. Speaker1 Good afternoon, and thank you for joining us today ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed ...