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Fleetcor reports Q3 adjusted EPS $4.49, consensus $4.51

Fleetcor reports Q3 adjusted EPS $4.49, consensus $4.51

Reports Q3 revenue $970.9M, consensus $979.15M. “We reported another good quarter, with revenues and adjusted net income per share growth of 9% and 6%,” said Ron Clarke, chairman and chief executive officer, FLEETCOR. “Organic revenue growth was 10% for the quarter, driven by 20% growth in corporate payments. Strategically, we completed the acquisition of the world’s second largest mobile parking operator, which is an important ingredient to our strategy to transform our vehicle payments business.”

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