Corpay, Inc.-Corpay (CPAY) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Corpay (CPAY) reported $1.03 billion in revenue for the quarter ended December 2024, marking a year-over-year increase of 10.4% and an EPS of$ 5.36 compared to $4.44 a year ago, with a revenue surprise of -1.50% and an EPS surprise of +0.56% [1] Financial Performance Metrics - Corpay's shares have returned +9.2% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change, and currently holds a Zacks Rank 3 (Hold) [3] - Lodging Payments recorded 10.6 million room nights, exceeding the estimated 8.9 million [4] - Corporate Payments spend volume reached$ 47.94 million, surpassing the average estimate of $44.01 million [4] - Revenues per room night in Lodging Payments were$ 11.39, lower than the estimated $13.32 [4] - Vehicle Payments generated revenues of$ 497.66 million, below the average estimate of $523.21 million [4] - Corporate Payments revenues were$ 346.19 million, exceeding the average estimate of $337.94 million, representing a year-over-year change of +37.9% [4] - Revenues from Other Payments were$ 69.69 million, compared to the average estimate of $74.05 million, reflecting a year-over-year change of +4.8% [4] - Lodging Payments revenues were$ 120.89 million, slightly above the estimated $119.31 million, with a year-over-year change of +0.8% [4] - Operating income for Corporate Payments was$ 136.26 million, below the average estimate of $146.38 million [4]