Corpay Inc Achieves Record Revenue and Growth Milestones
Company Announcements

Corpay Inc Achieves Record Revenue and Growth Milestones

Corpay Inc ( (CPAY) ) has issued an announcement.

Corpay, Inc. reported a milestone in Q3 2024 with over $1 billion in revenue, driven by an 18% growth in Corporate Payments. The company’s financial results show a 6% increase in revenues to $1,029.2 million and a 2% rise in net income. They are optimistic about accelerating revenue growth in Q4 2024 and anticipate synergies from the Paymerang acquisition. Additionally, Corpay expanded its Term Loan B credit facility and announced a $1 billion increase in share repurchase authorization.

See more data about CPAY stock on TipRanks’ Stock Analysis page.

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TheFlyCorpay reports Q3 adjusted EPS $5.00, consensus $4.97
TheFlyCorpay sees Q4 adjusted EPS $5.25-$5.45, consensus $5.36
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