CPAY Stock Recent News
CPAY LATEST HEADLINES
Corpay's (CPAY) top-line benefits from Corporate payments' revenues in the second quarter of 2024.
The headline numbers for Corpay (CPAY) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Corpay (CPAY) came out with quarterly earnings of $4.55 per share, beating the Zacks Consensus Estimate of $4.51 per share. This compares to earnings of $4.19 per share a year ago.
Corpay (CPAY) is expected to register earnings and revenue growth when it reports second-quarter 2024 results.
Get a deeper insight into the potential performance of Corpay (CPAY) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Corpay (CPAY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Corpay (CPAY) has been consistently pursuing acquisitions and investments to increase its customer base, workforce and operational capabilities.
TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY), a global leader in corporate payments, is pleased to announce the latest expansion of its Cross-Border business with the establishment of a new office in Auckland, New Zealand. This expansion reinforces the company's leading position in the payment industry and strengthens its presence in the Asia-Pacific region. “Our decision to establish a presence in New Zealand underscores our commitment to prioritizing our current and future clients' e.
Corpay's earnings per share are projected to grow at an average rate of 13-15% annually, despite interest rate pressures. We consider the stock to be undervalued at 13.6x forward earnings, with potential for re-rating to the 15-20x range. CPAY reported inline first quarter results, with slight misses in revenue and a 2% cut to EPS guidance due to interest rates and currency weakness.
Corpay (CPAY) reported earnings 30 days ago. What's next for the stock?