Corpay Earnings Outpace Estimates in Q1, Revenues Increase 7.5% Y/Y

Corpay, Inc. Price, Consensus and EPS Surprise Corpay's Segmental Results Vehicle payments' revenues of $487.1 million declined marginally from the year-ago quarter. This figure missed our estimate of $506.7 million. Despite a marginal decline, CPAY showed promising growth across Brazil, fueled by an increase in toll tags and electric vehicle offerings across the U.K. and Europe. Revenues from corporate payments amounted to $352.7 million, increasing 33% year over year, beating our estimate of $335.7 millio ...