Recap: Fleetcor Technologies Q4 Earnings

Fleetcor Technologies FLT reported its Q4 earnings results on Tuesday, February 8, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Fleetcor Technologies beat estimated earnings by 3.33%, reporting an EPS of $3.72 versus an estimate of $3.6.

Revenue was up $184.92 million from the same period last year.

Last quarter the company beat on EPS by $0.04, which was followed by a 0.09% drop in the share price the next day.

Here's a look at Fleetcor Technologies's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	3.48	2.92	2.73	2.81
EPS Actual	3.52	3.15	2.82	3.01
Revenue Estimate	739.48M	632.17M	609.24M	603.24M
Revenue Actual	755.48M	667.38M	608.62M	617.33M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Fleetcor Technologies management provided guidance for their next quarter, expecting earnings between $3.45 and $3.55 per share for the next quarter.

This represents a -5.91% in quarter-over-quarter growth for Fleetcor Technologies, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.