FleetCor Technologies Earnings Preview: Can This Streak Continue?
FleetCor Technologies (NYSE:FLT) will report earnings after markets close on Thursday, May 2nd. FleetCor Technologies Inc. is an independent global provider of specialized payment products and services to commercial fleets, major oil companies and petroleum marketers. The Company serves commercial accounts in countries in North America, Europe, Africa and Asia.
Here is your Cheat Sheet to Fleetcor Technologies Earnings:
Earnings Expectations: Analysts expect earnings of $0.84 per share on revenues of $182.35 million. Currently, the company’s P/E ratio stands at 29.76.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.87 to a profit $0.93. For the current year, the average estimate is a profit of $3.67, which is better than the estimate ninety days ago.
Here’s how Fleetcor Technologies has been performing on an annual basis:
|Revenue ($) in millions||341.05||354.07||433.84||519.59||707.53|
|Diluted EPS ($)||1.13||1.34||1.76||2.52|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||140.16||146.16||171.82||186.93||202.62|
|Diluted EPS ($)||0.4495||0.49||0.63||0.69||0.6993|
Fleetcor Technologies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)