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Corpay Cross-Border Extends Exclusive Partnership Rugby Australia
Businesswire· 2026-02-09 22:00
Core Insights - Corpay Cross-Border has extended its exclusive partnership with Rugby Australia, continuing as their Official Foreign Exchange (FX) Payments Partner for multiple years [1] - The partnership includes support for both the Men's and Women's Australian National Rugby Union Teams, the Wallabies and Wallaroos [1] - Corpay has been providing foreign exchange payment solutions to Rugby Australia since 2023, and this extension will enhance the financial services available to Rugby Australia's corporate partners [1] Company Overview - Corpay, Inc. (NYSE: CPAY) is a global leader in corporate payments, offering a range of financial solutions to help businesses manage expenses effectively [1] - The company specializes in corporate foreign exchange payment solutions and currency risk management [1] - Corpay's services aim to simplify payment processes for various expenses, including travel and vendor payments, ultimately saving customers time and money [1] Industry Context - Rugby Australia serves as the national governing body for rugby in Australia, overseeing all levels of the sport and managing domestic competitions [1] - The partnership with Corpay aligns with Rugby Australia's goals to enhance its financial operations and support its global business dealings [1] - The collaboration reflects a growing trend in sports organizations partnering with fintech companies to improve financial management and operational efficiency [1]
Corpay to Participate at the Raymond James TMT and Consumer Conference
Businesswire· 2025-12-05 13:30
Group 1 - Corpay, Inc. will attend the Raymond James TMT and Consumer Conference on December 9, 2025, in New York, NY, with management participating in a fireside chat at 8:40 AM ET [1] - Investors can access the presentation through the Company's investor relations website [1] Group 2 - Corpay, Inc. is a global S&P 500 corporate payments company that simplifies expense payments for businesses and consumers [2] - The company offers a suite of modern payment solutions that help manage vehicle-related expenses, travel expenses, and payables, resulting in time savings and reduced spending for customers [2] - Corpay Cross-Border refers to a group of legal entities owned and operated by Corpay, Inc. [2]
Corpay's Q3 2025 Earnings: What to Expect
Yahoo Finance· 2025-10-24 12:15
Company Overview - Corpay, Inc. (CPAY) has a market capitalization of $20.1 billion and is recognized as a global leader in corporate payments, serving over 800,000 clients worldwide [1] - The company specializes in modern payment solutions that streamline vehicle, travel, and vendor payments, resulting in significant time and cost savings for businesses [1] Financial Performance - Corpay is expected to announce its fiscal Q3 2025 results on November 5, with analysts predicting a profit of $5.35 per share, reflecting a 13.4% increase from $4.72 per share in the same quarter last year [2] - For fiscal 2025, analysts forecast an EPS of $20.04, which is over a 13% increase from $17.73 in fiscal 2024, and anticipate further growth to $23.12 in fiscal 2026, representing a 15.4% year-over-year increase [3] Stock Performance - Over the past 52 weeks, Corpay's shares have decreased by 19.7%, underperforming compared to the S&P 500 Index's 16.2% rise and the Financial Select Sector SPDR Fund's 11.5% return [4] - Following the announcement of Q2 2025 adjusted EPS of $5.13 and revenue of $1.1 billion, Corpay's stock fell by 3.4% the next day, attributed to lower fuel price spreads and rising interest expenses estimated between $360 million and $390 million [5] Analyst Ratings - The consensus among analysts for CPAY stock is cautiously optimistic, with an overall "Moderate Buy" rating; out of 15 analysts, eight recommend "Strong Buy," two "Moderate Buys," and five suggest "Hold" [6] - The average analyst price target for Corpay is $376.42, indicating a potential upside of 32.3% from current levels [6]