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FLEETCOR (FLT) has been gaining from its acquisition strategy and has been growing geographically. However, foreign currency risk pertains.
I reiterate my buy rating on FLT, due to strong performance in 1Q23, growth opportunities in Brazil, and successful monetization of EV solutions. I expect the Fleet segment to accelerate as it laps the tough comp last year. Despite potential macro pressures, FLEETCOR Technologies continues to show resilience and has an interesting growth avenue in the EV space.
Payments company FLEETCOR says it has closed out a four-year legal battle with the FTC. The company announced Friday (June 9) that it had received a court order in a marketing practices and disclosure case filed against it by the Federal Trade Commission (FTC).
FleetCor Technologies (FLT) reported earnings 30 days ago. What's next for the stock?
ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced that the Company will participate in the following investor conferences: On Wednesday, May 17, 2023, the Company will host a fireside chat at the Barclays Emerging Payments and FinTech Forum. The discussion will begin at 1:15 PM ET. On Tuesday, June 6, 2023, the Company will host a fireside chat at the Baird Global Consumer, Technology & Services Conference. The dis.
FLEETCOR's (FLT) revenues and earnings grow year over year in the first quarter of 2023, mainly due to improved segmental performance.
Fleetcor Technologies, Inc. (NYSE:FLT ) Q1 2023 Earnings Conference Call May 3, 2023 5:30 PM ET Company Participants James Eglseder - Head, IR Ronald Clarke - Chairman, President & CEO Tom Panther - CFO Conference Call Participants Peter Christiansen - Citigroup Andrew Jeffrey - Truist Securities Sheriq Sumar - Evercore ISI Kenneth Suchoski - Autonomous Research Sanjay Sakhrani - KBW Mihir Bhatia - Bank of America Merrill Lynch James Faucette - Morgan Stanley Jeffrey Cantwell - Wells Fargo Securities Trevor Williams - Jefferies Spencer James - William Blair & Company Operator Good day, and welcome to the FLEETCOR Technologies First Quarter 2023 Earnings Conference Call. [Operator Instructions].
Strong product demand and acquisitions are likely to have driven FLEETCOR's (FLT) first-quarter 2023 performance.
ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), today announced that the Company will host a conference call to discuss first quarter financial results on Wednesday, May 3, 2023 at 5:30 pm ET. Hosting the call will be Ron Clarke, chief executive officer, Alissa Vickery, interim chief financial officer and Jim Eglseder, investor relations. A press release with first quarter results will be issued after the market close that same day.
Investors interested in stocks from the Financial Transaction Services sector have probably already heard of FleetCor Technologies (FLT) and MasterCard (MA). But which of these two stocks offers value investors a better bang for their buck right now?