Corpay Earnings Surpass Estimates in Q4, Revenues Appreciate 10% Y/Y

Corpay (CPAY) reported mixed fourth-quarter 2024 results, wherein earnings surpassed the Zacks Consensus Estimate, while revenues missed the same.See Zacks Earnings Calendar to stay ahead of market-making news.CPAY’s earnings per share of $5.36 beat the consensus estimate by a slight margin and increased 20.7% year over year. The total revenues of $1 billion missed the consensus estimate by 1.5% but grew 10.4% from the year-ago quarter.The stock has gained 35.4% over the past three months compared with the ...