Corpay, Inc.(US:CPAY) ZACKSยท2025-11-06 18:31Core Insights - Corpay, Inc. (CPAY) reported strong third-quarter 2025 results, with earnings and revenues exceeding the Zacks Consensus Estimate [1][9] - Earnings per share reached $5.7, surpassing estimates by 1.2% and reflecting a 14% year-over-year increase [1][9] - Total revenues amounted to $1.2 billion, exceeding estimates slightly and showing a 13.9% increase from the previous year [1][9] Segment Performance - Vehicle payments generated revenues of $553.2 million, a 9% increase year-over-year, beating the estimate of $550.3 million [3] - Corporate payments revenues were $409.7 million, up 27% year-over-year, surpassing the estimate of $398.5 million [4] - Lodging payments revenues declined by 5% year-over-year to $127 million, missing the projection of $138 million [4] Financial Metrics - EBITDA increased by 12.5% year-over-year to $627.5 million, though it fell short of the estimate of $630.6 million [5] - The EBITDA margin was reported at 57.7%, down 10 basis points from the previous year [5] Balance Sheet and Cash Flow - Corpay ended Q3 2025 with cash and cash equivalents of $2 billion, down from $2.2 billion in Q2 2025 [6] - Long-term debt decreased to $5.8 billion from $5.9 billion in the previous quarter [6] - The company utilized $378.9 million in cash from operating activities during the quarter, with capital expenditures of $50.9 million [6] 2025 Outlook - CPAY raised its revenue guidance for 2025 to a range of $4.51-$4.53 billion, higher than the previous estimate of $4.41-$4.49 billion and above the Zacks Consensus Estimate of $4.46 billion [7] - The guidance for adjusted net income per diluted share was increased to $21.14-$21.34, compared to the prior range of $20.86-$21.26, also above the Zacks Consensus Estimate of $21.10 [7]