FleetCor Technologies (NYSE: FLT ) reported earnings on Feb. 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), FleetCor Technologies beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share expanded significantly.
Margins increased across the board.
FleetCor Technologies booked revenue of $202.6 million. The five analysts polled by S&P Capital IQ hoped for a top line of $178.9 million on the same basis. GAAP reported sales were 45% higher than the prior-year quarter's $140.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.82. The seven earnings estimates compiled by S&P Capital IQ averaged $0.75 per share. GAAP EPS of $0.70 for Q4 were 56% higher than the prior-year quarter's $0.45 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 75.4%, 440 basis points better than the prior-year quarter. Operating margin was 46.0%, 570 basis points better than the prior-year quarter. Net margin was 29.6%, 270 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $172.9 million. On the bottom line, the average EPS estimate is $0.76.
Next year's average estimate for revenue is $776.2 million. The average EPS estimate is $3.40.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 24 members out of 27 rating the stock outperform, and three members rating it underperform. Among three CAPS All-Star picks (recommendations by the highest-ranked CAPS members), three give FleetCor Technologies a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FleetCor Technologies is outperform, with an average price target of $52.67.
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