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Yahoo
5 days ago
- Business
- Yahoo
Corpay Earnings Meet Estimates in Q2, Revenues Increase 13% Y/Y
Corpay, Inc.'s CPAY second-quarter 2025 earnings per share met the consensus mark, while revenues beat the same. CPAY's earnings per share of $5.13 met the consensus estimate by a slight margin and increased 12.8% year over year. The total revenues of $1.1 billion beat the consensus estimate by a slight margin and gained 13% from the year-ago quarter. The stock has declined 6.9% over the year-to-date period against its industry's marginal rise and 6.9% growth of the Zacks S&P 500 composite. Corpay, Inc. Price, Consensus and EPS Surprise Corpay, Inc. price-consensus-eps-surprise-chart | Corpay, Inc. Quote Corpay's Segmental Results Vehicle payments' revenues of $525.5 million increased 3% from the year-ago quarter. This figure beat our estimate of $523.3 million. Revenues from corporate payments amounted to $391.9 million, up 36% year over year, missing our projection of $392.1 million. Lodging payments posted revenues of $119.8 million, declining 2% from the year-ago quarter. The reported figure missed our estimate of $123.8 million. CPAY's Margins EBITDA increased 10.2% from the year-ago quarter to $570.7 million, surpassing our estimation of $568.4 million. The EBITDA margin was 56.3%, down 50 basis points from the year-ago quarter. Balance Sheet & Cash Flow of CPAY Corpay exited the second quarter of 2025 with cash and cash equivalents of $2.2 billion compared with $1.6 billion in the first quarter of 2025. The long-term debt was $5.9 billion, flat with the preceding quarter. CPAY utilized $1.1 billion million in cash from operating activities in the quarter. Capital expenditure amounted to $52.6 million. Corpay's 2025 Outlook For 2025, CPAY raised the revenue guidance to $4.41-$4.49 billion from $4.38-$4.46 billion provided in the preceding quarter. The mid-point ($4.45 billion) of the guided range is higher than the Zacks Consensus Estimate of $4.44 billion. The guidance for adjusted net income per diluted share was hiked to $20.86-$21.26 from the preceding quarter's view of $20.80-$21.20. The mid-point ($21.06) of the guided range is slightly lower than the Zacks Consensus Estimate of $21.10. Currently, CPAY carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Earnings Snapshot Gartner, Inc. IT reported second-quarter 2025 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate. IT's adjusted earnings per share of $3.53 beat the Zacks Consensus Estimate by 4.4% and increased 9.6% from the year-ago quarter. Revenues of $1.7 billion beat the consensus estimate by a slight margin and improved 5.7% year over year. Verisk VRSK reported impressive second-quarter fiscal 2025 results. VRSK's adjusted earnings were $1.88 per share, surpassing the Zacks Consensus Estimate by 6.2% and increasing 8.1% from the year-ago quarter. Total revenues of $772.6 million beat the consensus estimate marginally and increased 7.8% on a year-over-year basis. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Gartner, Inc. (IT) : Free Stock Analysis Report Verisk Analytics, Inc. (VRSK) : Free Stock Analysis Report Corpay, Inc. (CPAY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
18-07-2025
- Business
- Yahoo
Corpay Earnings Preview: What to Expect
With a market cap of $23.6 billion, Atlanta, Georgia-based Corpay, Inc. (CPAY) is a global payments company. The company provides a wide range of payment solutions that help businesses and consumers manage vehicle, lodging, and corporate expenses across the U.S. and internationally. CPAY is expected to announce its fiscal Q2 2025 earnings results after the market closes on Wednesday, Aug. 6. Ahead of this event, analysts expect Corpay to report a profit of $4.79 per share, up 12.4% from $4.26 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. More News from Barchart Insider Trading Alert: Here's Who Bought Nvidia and AMD Stock Before the U.S. Chip Deal with China Dear Tesla Stock Fans, Mark Your Calendars for July 23 Robinhood Keeps Hitting New Highs. How Should You Play HOOD Stock Here? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For fiscal 2025, analysts expect the provider of fuel card and payment products for businesses to report an EPS of $19.87, an increase of 12.1% from $17.73 in fiscal 2024. Moreover, EPS is anticipated to grow 16.1% year-over-year to $23.07 in fiscal 2026. Shares of Corpay have gained 12.6% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 12.7% rise and the Financial Select Sector SPDR Fund's (XLF) 19.8% return over the same period. Despite reporting a better-than-expected Q1 2025 adjusted EPS of $4.51 on May 6, shares fell marginally the next day. Vehicle payments revenue declined to $487.1 million, and lodging payments dropped to $110.2 million, raising concerns about demand softness. Additionally, while 2025 revenue guidance was raised to $4.4 billion - $4.5 billion, the midpoint of EPS guidance ($21) slightly trailed the consensus, tempering investor enthusiasm. Analysts' consensus view on Corpay's stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 18 analysts covering the stock, 11 recommend "Strong Buy," two "Moderate Buys," and five suggest "Hold." As of writing, the stock is trading below the average analyst price target of $391.93. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
20-06-2025
- Business
- Yahoo
Is Corpay Stock Outperforming the Nasdaq?
With a market cap of $23.1 billion, Atlanta, Georgia-based Corpay, Inc. (CPAY) operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States and internationally. Companies worth $10 billion or more are generally described as "large-cap stocks", and CPAY fits this description perfectly. The company offers vehicle payment solutions, prepaid food and transportation vouchers and cards, corporate payment solutions, virtual cards, cross-border solutions, and serves business, merchant, consumer, and payment network customers. Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict? 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer CoreWeave Stock Is Too 'Expensive' According to Analysts. Should You Sell CRWV Now? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! CPAY currently trades 21.6% below its all-time high of $400.81 recorded on Feb. 6. Corpay's stock has declined 9.4% over the past three months, notably underperforming the Nasdaq Composite's ($NASX) 11.7% uptick during the same time frame. In the long term, CPAY stock has declined 7.1% on a YTD basis, underperforming the Nasdaq's 1.2% increase. However, shares of CPAY grew 24.6% over the past 52 weeks, outperforming NASX's 9.4% returns over the same period. To confirm its recent downturn, CPAY has been trading below its 200-day moving average since early April, with some fluctuations, and dropped below its 50-day moving average in the previous trading session. CPAY stock prices remained mostly flat in the trading session after the release of its better-than-expected Q1 earnings on May 6. The company's net revenues increased 7.5% year-over-year to approximately $1 billion, mainly driven by solid performance in its Corporate Payments segment, and surpassed the Street's estimates as well. Its adjusted EBITDA margin came in at 55.2%, flat year-over-year, and its adjusted EBITDA came in at $555.4 million. The company's adjusted net income grew 7.2% year-over-year to $322.9 million, and its adjusted EPS increased 10% from the prior year's quarter to $4.51 and surpassed the consensus estimates. Its peer, PayPal Holdings, Inc. (PYPL) has declined 19.7% in 2025 and has surged 16% over the past year, underperforming Corpay. Among the 17 analysts covering the CPAY stock, the consensus rating is a 'Moderate Buy.' Its mean price target of $393.13 suggests a 25% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Corpay Q1 Earnings Beat on Corporate Payment Solutions, Revenues Miss
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 missed the consensus estimate by a slight margin. Corpay, Inc. price-consensus-eps-surprise-chart | Corpay, Inc. Quote The vehicle payments segment's revenues were $487.1 million, down marginally from the year-ago quarter. However, this compares unfavorably with our estimate of $506.7 million. Although the segment witnessed a slight decline, the company registered significant growth across Brazil, driven by a surge in toll tags. Electric vehicle offerings across the U.K. and Europe improved as well. The corporate payments segment's revenues of $352.7 million rose 33% year over year. This compares favorably with our estimate of $335.7 million. Robust sales of corporate payment solutions contributed to this segment's growth. Improvements in payables revenues and cross-border sales, fueled by volatility in the FX rate due to changes in tariff policy, aided the segment. The lodging payments segment's revenues were $110.2 million, down by a slight margin from the year-ago quarter. This compares favorably with our estimate of $115.8 million. The slight fall in this segment's revenues can be attributed to low airline revenues and volume softness. Currently, CPAY carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. S&P Global reported impressive first-quarter 2025 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate. SPGI's reported adjusted EPS of $4.37, beating the Zacks Consensus Estimate by 3.6%. The metric gained 9% year over year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Revenues of $3.8 billion beat the consensus estimate by 2%. The top line increased 8.3% on a year-over-year basis. Verisk VRSK posted impressive first-quarter fiscal 2025 results, wherein earnings and revenues beat the Zacks Consensus Estimate. VRSK's reported adjusted earnings were $1.73 per share, surpassing the Zacks Consensus Estimate by 3.6% and increasing 6.1% from the year-ago quarter. The top line amounted to $753 million, which outpaced the consensus estimate marginally and increased 7% on a year-over-year basis. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Verisk Analytics, Inc. (VRSK) : Free Stock Analysis Report S&P Global Inc. (SPGI) : Free Stock Analysis Report Corpay, Inc. (CPAY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
