Corpay Q1 Earnings Beat on Corporate Payment Solutions, Revenues Miss
Corpay, Inc. (CPAY) delivered robust results in the first quarter of 2025, driven by higher sales of corporate payment solutions. The earnings beat impressed the market as the company’s shares gained 8.1% since the earnings release on May 6.CPAY posted adjusted earnings per share of $4.51, beating the Zacks Consensus Estimate by a slight margin. This represents 10% year-over-year growth in the bottom line. Total revenues registered a rise of 7.5% from the preceding year to $1 billion. However, the top line ...