Core Viewpoint - Corpay (CPAY) is a strong candidate for investors seeking stocks that consistently beat earnings estimates, particularly in the Zacks Financial Transaction Services industry [1]. Group 1: Earnings Performance - Corpay has a solid track record of exceeding earnings estimates, with an average surprise of 0.48% over the last two quarters [2]. - In the last reported quarter, Corpay achieved earnings of 5.33 per share, resulting in a surprise of 0.56% [3]. - For the previous quarter, the company was expected to earn 5.00 per share, yielding a surprise of 0.40% [3]. Group 2: Earnings Estimates and Predictions - Estimates for Corpay have been trending upward, influenced by its history of earnings surprises [6]. - The stock has a positive Zacks Earnings ESP (Expected Surprise Prediction) of +2.16%, indicating recent bullish sentiment among analysts regarding the company's earnings prospects [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [7][9]. Group 3: Earnings Release Information - Corpay's next earnings report is anticipated to be released on May 6, 2025 [9].
Will Corpay (CPAY) Beat Estimates Again in Its Next Earnings Report?