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Fleetcor Technologies Inc (FLT.N)

FLT.N on New York Stock Exchange

148.25USD
21 Jul 2017
Change (% chg)

$-0.75 (-0.50%)
Prev Close
$149.00
Open
$148.92
Day's High
$149.44
Day's Low
$147.17
Volume
105,711
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273,355
52-wk High
$176.42
52-wk Low
$121.59

Latest Key Developments (Source: Significant Developments)

Tiger Global Management takes share stake in Netflix, cuts in Fleetcor
Monday, 15 May 2017 02:39pm EDT 

May 15 (Reuters) - Tiger Global Management LLC:Tiger Global Management takes share stake in Netflix Inc of 429,000 shares.Tiger Global Management raises share stake in Restaurant Brands International Inc by 5.6% to 2.43 million shares.Tiger global management cuts share stake in Fleetcor Technologies Inc by 52.1% to 1.4 million shares - SEC Filing.Tiger Global Management - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Fleetcor reports Q1 adjusted earnings per share $1.96
Monday, 1 May 2017 04:06pm EDT 

May 1 (Reuters) - Fleetcor Technologies Inc :Fleetcor reports first quarter 2017 financial results.Q1 adjusted earnings per share $1.96.Q1 GAAP earnings per share $1.31.Q1 revenue $520.4 million versus I/B/E/S view $512.8 million.Q1 earnings per share view $1.87 -- Thomson Reuters I/B/E/S.Fleetcor Technologies Inc - sees FY GAAP net income per diluted share between $5.83 and $6.03.Sees 2017 total revenues between $2,175 million and $2,235 million.FY 2017 earnings per share view $8.24, revenue view $2.20 billion -- Thomson Reuters I/B/E/S.Fleetcor Technologies Inc - sees FY adjusted net income per diluted share between $8.21 and $8.41.Fleetcor Technologies Inc - sees no impact on FY results related to closing of Cambridge Global payments acquisition.Fleetcor Technologies Inc - for Q2, co is expecting adjusted net income per diluted share to be approximately same as Q1.Fleetcor Technologies Inc - Q2 assumes improving revenue and operating performance versus Q1.  Full Article

Fleetcor to acquire Cambridge Global Payments
Monday, 1 May 2017 04:05pm EDT 

May 1 (Reuters) - Fleetcor Technologies Inc :Fleetcor Technologies Inc - acquisition expected to be immediately accretive to earnings upon closing.Fleetcor to acquire Cambridge Global Payments, a leading B2B international payments provider.Fleetcor Technologies Inc - transaction price is approximately $675 million.Fleetcor Technologies Inc - transaction price will be financed using a combination of existing cash and borrowings under Fleetcor's existing credit facility.Fleetcor Technologies Inc - expect acquisition to be accretive to earnings in 2017.  Full Article

Fleetcor Q4 adjusted earnings per share $1.90
Wednesday, 8 Feb 2017 04:05pm EST 

Fleetcor Technologies Inc : Fleetcor reports fourth quarter and fiscal-year 2016 financial results . Q4 adjusted earnings per share $1.90 . Q4 gaap earnings per share $1.00 . Q4 revenue $515 million versus I/B/E/S view $502.7 million . Sees q1 adjusted earnings per share $1.82 to $1.88 . Q4 earnings per share view $1.87 -- Thomson Reuters I/B/E/S . Sees 2017 total revenues between $2,170 million and $2,230 million . Sees 2017 gaap net income per diluted share between $5.78 and $5.98 . Sees 2017 adjusted net income per diluted share between $8.10 and $8.30 . Fy2017 earnings per share view $8.17, revenue view $2.18 billion -- Thomson Reuters I/B/E/S .Q1 earnings per share view $1.89 -- Thomson Reuters I/B/E/S.  Full Article

Fleetcor updates fiscal year 2016 guidance to reflect closing of STP acquisition
Wednesday, 31 Aug 2016 05:36pm EDT 

Fleetcor Technologies Inc : For fiscal-year 2016, co financial guidance has been updated to reflect closing of STP acquisition . Sees FY 2016 total revenues between $1,820 million and $1,870 million . Sees FY 2016 adjusted net income per diluted share between $6.75 and $6.91 . Completed acquisition of Serviços E Tecnologia De Pagamentos S.A. (STP) for about $1.3 billion usd Source: (http://bit.ly/2c1lMS1) Further company coverage: [FLT.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Fleetcor Technologies Inc Raises FY 2016 guidance
Wednesday, 4 May 2016 04:05pm EDT 

Fleetcor Technologies Inc:Raises FY 2016 Guidance.Sees FY 2016 Total revenues between $1,730 million and $1,780 million.Sees FY 2016 FY 2016 Adjusted net income1 between $608 million and $628 million.Sees FY 2016 Adjusted net income per diluted share1 between $6.43 and $6.63.  Full Article

FleetCor Technologies Inc to acquire Serviços e Tecnologia de Pagamentos S.A
Tuesday, 15 Mar 2016 07:00am EDT 

FleetCor Technologies Inc:Has signed a definitive agreement to acquire Serviços e Tecnologia de Pagamentos S.A. , from a shareholder group including concessionaires CCR S.A. and Arteris S.A., Raizen Combustiveis S.A. for approximately $1.05 billion.FleetCor will finance the acquisition using a combination of existing cash and borrowings under FleetCor's existing credit facility.Expects acquisition to close in third quarter of 2016.Expect acquisition to be accretive to earnings in 2016, in the range of $0.10 - 0.13 USD depending on timing of close.  Full Article

FleetCor Technologies authorizes share repurchase
Thursday, 4 Feb 2016 04:06pm EST 

FleetCor Technologies Inc:Says its board of directors has authorized the repurchase of up to $500 million of FleetCor's common stock for an 18 month period ending August 1, 2017.  Full Article

BP awards FleetCor Technologies long term contract
Thursday, 12 Nov 2015 04:00pm EST 

FleetCor Technologies:Announces that BP Products North America Inc. has extended its contract with FleetCor to provide commercial fleet card processing and program management for all of its fleet card products.  Full Article

Fleetcor Technologies Inc reaffirms FY 2015 EPS guidance
Wednesday, 4 Nov 2015 04:05pm EST 

Fleetcor Technologies Inc:Maintains FY 2015 guidance range of $6.18 - $6.26 in adjusted net income per share.FY 2015 EPS of $6.22 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Fleetcor appoints new head of global fuel cards

* Steve Greene promoted to president of global fuel cards Source text for Eikon: Further company coverage: