Corpay (CPAY) Beats Q1 Earnings Estimates

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$1.01 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]