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Corpay (CPAY) reported earnings 30 days ago. What's next for the stock?
TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with SK Slavia Praha to become their Official Foreign Exchange Partner. Through this partnership, SK Slavia Praha will be able to utilise Corpay Cross Border's innovative solutions to help mitigate foreign exchange exposure from their day-to-day business needs. Additionally, Corpay Cross-Border's award-winning platf.
ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) a global S&P 500 corporate payments company, today announced that the Company will participate in the following investor conferences: On Monday, March 3, 2025, the Company will be attending the Raymond James Institutional Investors Conference in Orlando, FL. They will be participating in investor meetings. On Wednesday, March 5, 2025, the Company will be attending the Morgan Stanley TMT Conference in San Francisco, CA. They will be partic.
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company today announced that it successfully closed on an amendment to its Term Loan B credit facility that resulted in an increase of $750 million. The transaction is leverage neutral, and the interest rate and maturity remain consistent with the existing credit facility. Initially, the Company will use the proceeds to pay down its revolver balance, resulting in approximately $1.5 billion of undrawn ca.
TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with the Federation Internationale de Gymnastique (FIG), the world governing body for gymnastics recognised by the International Olympic Committee (IOC), to become their Official Foreign Exchange Payments Supplier. Through this partnership, the FIG will be able to utilise Corpay Cross Border's innovative solutions t.
TORONTO--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global leader in corporate payments, is thrilled to announce that Corpay's Cross-Border business has introduced Multi-Currency Accounts, enabling ever-growing businesses to expand their global footprints while enjoying hassle-free and seamless foreign currency management, in one single point of access. While embarking on the exciting milestone of expanding into new markets and engaging with customers globally, businesses often encounter cha.
The corporate payments segment is the primary driver of CPAY's fourth-quarter 2024 top line.
Corpay, Inc. (NYSE:CPAY ) Q4 2024 Earnings Conference Call February 5, 2025 5:00 PM ET Company Participants Jim Eglseder - Head, IR Ron Clarke - CEO Tom Panther - CFO Conference Call Participants Tien-Tsin Huang - JPMorgan Sanjay Sakhrani - KBW Andrew Schmidt - Citi Global Markets Andrew Jeffrey - William Blair Darrin Peller - Wolfe Research David Koning - Baird Ramsey El-Assal - Barclays Nate Svensson - Deutsche Bank Andrew Bauch - Wells Fargo Operator Greetings, and welcome to the Corpay Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
While the top- and bottom-line numbers for Corpay (CPAY) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Corpay (CPAY) came out with quarterly earnings of $5.36 per share, beating the Zacks Consensus Estimate of $5.33 per share. This compares to earnings of $4.44 per share a year ago.