CPAY

Corpay delivered a first quarter that was met with a strong positive market response, driven by robust organic revenue growth and notable execution across its business segments. Management attributed the company’s outperformance to broad-based strength in Corporate Payments and significant progress in integrating recent acquisitions. CEO Ronald Clarke emphasized that "about two-thirds of our Q1 revenue beat versus guidance was really just better performance across the board, not macro related." The company also highlighted improving client retention and a rebound in its Lodging business, reinforcing management’s confidence that these operational improvements are sustainable. Is now the time to buy CPAY? Find out in our full research report (it’s free). Revenue: $1.26 billion vs analyst estimates of $1.21 billion (25.4% year-on-year growth, 3.9% beat) Adjusted EPS: $5.80 vs analyst estimates of $5.47 (6% beat) Adjusted EBITDA: $751 million vs analyst estimates of $618.8 million (59.6% margin, 21.4% beat) The company slightly lifted its revenue guidance for the full year to $5.29 billion at the midpoint from $5.27 billion Management raised its full-year Adjusted EPS guidance to $26.70 at the midpoint, a 2.7% increase Operating Margin: 50.4%, up from 42.5% in the same quarter last year Market Capitalization: $21.65 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Sanjay Sakhrani (KBW) asked about the sustainability of underlying business trends and the balance of macro versus core business drivers. CFO Peter Walker explained that stronger Q1 growth was partly due to easier comps and affirmed that both macro factors and business execution contributed to the raised outlook. Tien-Tsin Huang (JPMorgan) inquired about Corpay’s acquisition and divestiture strategy, especially the timing and focus of future portfolio moves. CEO Ronald Clarke stated the company is in late stages of a significant divestiture and continues to evaluate both asset sales and acquisitions in Corporate Payments. Ramsey El-Assal (Cantor Fitzgerald) questioned the renewed focus on U.S. middle market sales and its impact on growth. Clarke explain...

Business payments company Corpay (NYSE:CPAY) reported Q1 CY2026 results topping the market’s revenue expectations , with sales up 25.4% year on year to $1.26 billion. The company’s full-year revenue guidance of $5.29 billion at the midpoint came in 0.9% above analysts’ estimates. Its non-GAAP profit of $5.80 per share was 6% above analysts’ consensus estimates. Is now the time to buy CPAY? Find out in our full research report (it’s free). Revenue: $1.26 billion vs analyst estimates of $1.21 billion (25.4% year-on-year growth, 3.9% beat) Adjusted EPS: $5.80 vs analyst estimates of $5.47 (6% beat) Adjusted EBITDA: $751 million vs analyst estimates of $618.8 million (59.6% margin, 21.4% beat) The company slightly lifted its revenue guidance for the full year to $5.29 billion at the midpoint from $5.27 billion Management raised its full-year Adjusted EPS guidance to $26.70 at the midpoint, a 2.7% increase Operating Margin: 50.4%, up from 42.5% in the same quarter last year Market Capitalization: $20.22 billion Corpay delivered a first quarter that was met with a strong positive market response, driven by robust organic revenue growth and notable execution across its business segments. Management attributed the company’s outperformance to broad-based strength in Corporate Payments and significant progress in integrating recent acquisitions. CEO Ronald Clarke emphasized that "about two-thirds of our Q1 revenue beat versus guidance was really just better performance across the board, not macro related." The company also highlighted improving client retention and a rebound in its Lodging business, reinforcing management’s confidence that these operational improvements are sustainable. Looking ahead, Corpay’s updated full-year outlook is built on continued execution in key growth areas, with a focus on scaling Corporate Payments and accelerating cross-border initiatives. Management pointed to ongoing portfolio rotation—divesting noncore assets and investing in high-growth opportunities—as central to its strategy. Clarke stated, "All the ingredients for a very good 2026 financial performance are holding," while CFO Peter Walker noted that expanding the multicurrency account banking business and leveraging new blockchain partnerships are expected to drive future gains. The company anticipates that ongoing investments in technology and process automation will support bo...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Corpay (CPAY) has drawn fresh interest after a mixed stretch in its share performance, with a small move higher over the past month set against weaker returns in the past 3 months and year. See our latest analysis for Corpay. The recent 3.2% 30 day share price return contrasts with a 13.7% decline over 90 days and a 6.5% dip in one year total shareholder return, while three year total shareholder return of 34.6% hints at longer term momentum that has not fully carried through to the current US$305.75 level. If Corpay's mixed performance has you thinking about where else growth and resilience might show up next, it could be a good moment to broaden your search with 18 top founder-led companies With annual revenue of US$4.53b, net income of US$1.07b and some growth in both, plus indications of a possible intrinsic value gap, is this recent pullback a chance to buy, or is the market already pricing in future growth? Corpay's most followed narrative points to a fair value of $379.54, which sits well above the recent $305.75 close and frames the current pullback as a valuation gap to examine. Read the complete narrative. Want to see what sits behind that earnings power claim? The narrative leans heavily on revenue growth, richer margins and a lower future earnings multiple than today. The exact mix may surprise you. Result: Fair Value of $379.54 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this hinges on Corpay defending margins as compliance and technology costs evolve, and on competition in cross border and corporate payments not eroding pricing power. Find out about the key risks to this Corpay narrative. Here is the twist. While the narrative points to Corpay trading below fair value, the current P/E of 18.9x sits slightly above both the estimated fair ratio of 18.6x and the US Diversified Financial industry at 18.5x. That small premium suggests less room for error if the story does not play out as expected, so how comfortable are you paying up on this metric when other signals point to undervaluation? See what the numbers say about this price — find out in our valuation breakdown. All of this mixed sentiment can make Corpay look complicated. Move quickly, check the underlying data for yourself,...

Interested in Corpay, Inc.? Here are five stocks we like better. Corpay beat expectations in Q1, reporting revenue of $1.26 billion, up 25%, and cash EPS of $5.80, up 29%. Management called it a “blowout quarter” and said organic revenue growth held at 11% for the fourth straight quarter. Corporate payments led the growth, with organic revenue up 16% and spend volumes rising 43% to $82 billion. The company also highlighted strong cross-border demand, Alpha integration progress, and solid performance in vehicle payments. Full-year guidance was raised for both revenue and earnings, with 2026 revenue now expected at $5.29 billion midpoint and cash EPS at $26.70 midpoint. Corpay also signaled continued portfolio rotation, more share buybacks, and an expanded focus on cross-border and corporate payments. Corpay (NYSE:CPAY) reported what Chairman and CEO Ron Clarke called a “blowout quarter” for the first quarter of fiscal 2026, as revenue and earnings topped the company’s expectations and prompted management to raise its full-year outlook. The business payments company reported first-quarter revenue of $1.26 billion, up 25% from a year earlier, and cash earnings per share of $5.80, up 29%. Clarke said roughly two-thirds of the company’s $50 million revenue beat versus guidance came from stronger operating performance across the business rather than macroeconomic factors. → Wells Fargo’s Comeback Is Real—But Not Risk-Free “For us, this Q1 was really a blowout quarter,” Clarke said. He noted that overall organic revenue growth was 11%, marking the fourth consecutive quarter at that level. Corporate payments remained the company’s largest growth engine, with organic revenue up 16% in the quarter, or 18% excluding what management described as float revenue compression from lower interest rates. The segment reached 40% of total revenue in the quarter. → Rocket Lab Posts Record Q1 Revenue, Raises Q2 Guidance CFO Peter Walker said corporate payments growth exceeded the company’s expectations, supported by strong performance in cross-border payments and payables. Spend volumes in the segment increased 43% organically to $82 billion. Walker said cross-border benefited from currency volatility, which gave Corpay’s sales team an opportunity to highlight its offerings. He also said integration work related to Alpha is progressing, with about 15% of Alpha corporate volume mig...

The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.84%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.35%. June E-mini S&P futures (ESM26) rose +0.79%, and June E-mini Nasdaq futures (NQM26) rose +2.37%. Stock indexes settled higher on Friday, with the S&P 500 and Nasdaq 100 posting new record highs. Chipmaker and AI-infrastructure stocks led the overall market higher on Friday, offsetting concerns about the Iran war. Stronger-than-expected corporate earnings are pushing stocks higher. Weakness in software stocks on Friday weighed on the Dow Jones Industrial Average. As CPUs Steal the Show, AMD Stock Just Got a New Street-High Price Target How Intel Stock Could Be the Biggest Winner from AMD’s Explosive Earnings Win Cathie Wood Dumps More AMD Shares Despite Its Massive 108% Rally. Here's Why. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Stock indexes also found support today on signs of resiliency in the US labor market after April nonfarm payrolls rose more than expected and March nonfarm payrolls were revised upward. Stocks rallied on Friday despite a larger-than-expected decline in US consumer sentiment to a record low. US Apr nonfarm payrolls rose by +115,000, stronger than expectations of +65,000, and Mar nonfarm payrolls were revised upward to +185,000 from the previously reported +178,000. The Apr unemployment rate was unchanged at 4.3%, right on expectations. US Apr average hourly earnings rose +0.2% m/m and +3.6% y/y, weaker than expectations of +0.3% m/m and +3.8% y/y. The University of Michigan’s US May consumer sentiment index fell -1.6 to a record low of 48.2 (data from 1978), weaker than expectations of 49.5. The University of Michigan US May 1-year inflation expectations rate unexpectedly eased to +4.5% from +4.7% in Apr, weaker than expectations of an increase to 4.8%. The May 5-10 year inflation expectations rate unexpectedly eased to +3.4%, weaker than expectations of no change at +3.5%. In the latest developments in the Middle East, Iran's semi-official Tasnim news agency said Iran seized an oil tanker on Friday in the Strait of Hormuz for "attempting to disrupt oil exports and the interests of the Iranian nation." Also, US forces targeted missile and drone launch sites and other milita...

Image source: The Motley Fool. Thursday, May 7, 2026 at 5:30 p.m. ET Chief Executive Officer — Ronald F. Clarke Chief Financial Officer — Peter J. Walker Ronald F. Clarke: Okay, Jim, thanks. Good afternoon, everyone, and thanks for joining today's call. Upfront here, I'll plan to cover 4 subjects. First, provide my take on Q1 results. Second, I'll share our revised guidance for full year 2026. Third, I'll review progress against our top priorities. And then lastly, I'll share our thoughts on the midterm direction for the company and where we're headed. Okay. Let me begin with our Q1 results, which were really outstanding. We reported revenue of $1.26 billion, up 25% and cash EPS of $5.80, up 29%. And importantly, about 2/3 of our $50 million Q1 revenue beat versus guidance was really just better performance across the board, not macro related. So for us, this Q1 was really a blowout quarter. Q1 overall organic revenue growth, 11%. That makes 4 consecutive quarters of 11%. Inside of that, Corporate Payments grew 16%, that's 18%, excluding flow compression, and did reach 40% of our overall revenues in the quarter. Vehicle Payments grew 10%. All 3 geographies contributing the U.S., Europe and Brazil. And Lodging improved meaningfully sequentially, landing flat for the quarter, so a big improvement there. The Q1 operating trends also quite good. Overall retention finished at 93.5%. I do want to note that this metric now includes our cross-border business. New sales or bookings up 24%. Happy with that. And same-store sales finishing flat for the quarter. So look, we are clearly off to a terrific start here. All right. Let me transition to our 2026 guidance. Given our Q1 performance and the current trends, the raise to full year guidance is really pretty straightforward. So we're raising full year 2026 revenue guidance today to $5.290 billion at the midpoint. And that's driven really by a few things. First, we'll flow through the $50 million Q1 revenue beat. Second, we'll increase rest of year revenue guidance, another $50 million as a result of higher fuel price expectations and ongoing or continued better fundamental performance. We'll also net out $75 million from rest of year revenue to reflect the divestiture of PayByPhone on March 31. We do continue to expect 10% organic revenue growth for the year, which again is our most important measure of durability. On...

By Jarrett Banks Corpay, Inc. (NYSE: CPAY) delivered the kind of quarter that shifts the narrative from a solid payments company to a potential long-term compounder. Across Wall Street brokerage reports, the themes were the same: accelerating Corporate Payments momentum, improving Lodging trends, durable double-digit organic growth, and a management team increasingly confident in the company’s long-term earnings power. First-quarter revenue climbed 25 percent year over year to roughly $1.26 billion, while adjusted EPS surged to $5.80, comfortably ahead of consensus expectations. Organic revenue growth reached 11 percent, marking the fourth consecutive quarter at that level, driven by standout performance in Corporate Payments and resilient Vehicle Payments trends. More importantly, management raised guidance. Corpay increased its full-year revenue and EPS outlook, with multiple analysts emphasizing that the guidance raise exceeded the quarter’s upside alone, signaling confidence in sustained momentum rather than a one-time beat. Both Deutsche Bank and Raymond James called the results “stellar,” while Wolfe Research described the company as moving “from strength to strength.” The engine behind the story continues to be Corporate Payments, which delivered 16 percent organic revenue growth, or roughly 18 percent excluding float headwinds. Analysts repeatedly highlighted Cross-Border Payments as a particularly powerful growth driver, with the Alpha integration progressing ahead of schedule and Mastercard partnership pipelines continuing to expand. Autonomous said the business is “disproving the stablecoin disruption narratives,” while Cantor Fitzgerald argued that industrial payment processors like Corpay possess deeper competitive moats than many investors appreciate. That shift toward Corporate Payments is becoming increasingly meaningful strategically. RBC noted the segment now represents roughly 40 percent of total revenue versus 34 percent a year ago, underscoring Corpay’s evolution away from its legacy fleet identity toward a broader B2B payments platform. At the same time, Corpay’s legacy businesses are holding up better than many expected. Vehicle Payments posted nearly 10 percent organic growth, with management expressing confidence that growth can remain in the 9-10 percent range throughout the year despite tougher comparisons ahead. Retention trends a...

Corpay (CPAY) reported Q1 adjusted earnings late Thursday of $5.80 per diluted share, up from $4.51

Corpay (CPAY) came out with quarterly earnings of $5.8 per share, beating the Zacks Consensus Estimate of $5.5 per share. This compares to earnings of $4.51 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.48%. A quarter ago, it was expected that this provider of fuel card and payment products for businesses would post earnings of $5.95 per share when it actually produced earnings of $6.04, delivering a surprise of +1.51%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Corpay, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $1.26 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 4.40%. This compares to year-ago revenues of $1.01 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Corpay shares have added about 1.5% since the beginning of the year versus the S&P 500's gain of 7.6%. While Corpay has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Corpay was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today...

Corpay (CPAY) reported $1.26 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 25.4%. EPS of $5.80 for the same period compares to $4.51 a year ago. The reported revenue represents a surprise of +4.4% over the Zacks Consensus Estimate of $1.21 billion. With the consensus EPS estimate being $5.50, the EPS surprise was +5.48%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Corpay performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Lodging Payments - Room nights: 7.4 million compared to the 8.71 million average estimate based on three analysts. Revenue, net per spend - Corporate Payments: $0.62 versus the three-analyst average estimate of $0.62. Spend volume - Corporate Payments: 81.85 million versus the three-analyst average estimate of 79.94 million. Revenues, net per room night - Lodging Payments: $15.06 versus $13.07 estimated by three analysts on average. Revenues, net per transaction - Vehicle Payments: $2.70 compared to the $2.39 average estimate based on two analysts. Other - Revenues, net per transaction: $0.18 versus the two-analyst average estimate of $0.15. Other - Transactions: 465 million versus the two-analyst average estimate of 436.77 million. Revenues- Corporate Payments: $503.87 million versus $487.95 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +42.9% change. Revenues- Vehicle Payments: $563.9 million versus the five-analyst average estimate of $557.7 million. The reported number represents a year-over-year change of +15.8%. Revenues- Lodging Payments: $110.97 million compared to the $109.95 million average estimate based on five analysts. The reported number represents a change of +0.7% year over year. Revenues- Other Payments: $82.24 million versus $62.5 million estimated by four analysts on average. Co...

Corpay, Inc. CPAY delivered a strong first-quarter 2026, with adjusted earnings of $5.80 per share, rising 28.6% year over year and surpassing the Zacks Consensus Estimate by 5.5%. Revenues of $1.26 billion increased 25.4% year over year and beat estimates by 4.4%. Performance reflected broad-based momentum, including 11% organic revenue growth and a 24% jump in new sales/bookings, alongside retention of 93.5%. Corpay, Inc. price-consensus-eps-surprise-chart | Corpay, Inc. Quote Corporate Payments’ revenues rose 46% year over year to $503.9 million and represented 40% of consolidated revenues in the quarter. Vehicle Payments remained the largest segment at $563.9 million, up 19% year over year, while Lodging Payments was essentially flat at $111 million and Other revenues grew 8% to $82.2 million. Beneath headline growth, Corporate Payments showed meaningful operating leverage through volume, with spend volume climbing to $81.9 billion. Revenues per spend dollar was 0.62%, down from the prior-year level, reflecting mix and enterprise client wins that carry lower yields. Vehicle Payments activity advanced, with transactions increasing 4% to 209 million. Revenues per transaction improved to $2.70, helping lift segment revenues despite modest transaction growth. Management attributed part of the quarter’s upside to higher fuel prices, but also emphasized that the majority of the revenue beat versus internal expectations was driven by stronger underlying execution across the portfolio rather than macro alone. Lodging Payments posted 7.4 million room nights, down 25% from the prior-year period, yet revenues per room night increased to $15.06. That monetization lift helped keep segment revenues stable year over year despite lower volume. On the earnings call, management noted sequential improvement in Lodging and pointed to better performance across the business as supporting confidence in a second-half growth acceleration plan. Adjusted EBITDA increased 24% to $688.6 million, while the adjusted EBITDA margin was 54.6% versus 55.2% a year ago, reflecting acquisition impacts. Operating costs, excluding FX, M&A and stock-based compensation, increased 10%, with higher transaction volumes and bad debt cited as key drivers. Tax and below-the-line items were also notable. The adjusted effective tax rate was 26.8% in the quarter, and the press release highlighted that GA...

ATLANTA (AP) — ATLANTA (AP) — Corpay, Inc. (CPAY) on Thursday reported first-quarter net income of $350.1 million. On a per-share basis, the Atlanta-based company said it had net income of $5.07. Earnings, adjusted for one-time gains and costs, came to $5.80 per share. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $5.50 per share. The provider of fuel card and payment products for businesses posted revenue of $1.26 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $1.21 billion. For the current quarter ending in June, Corpay expects its per-share earnings to range from $6.45 to $6.65. The company said it expects revenue in the range of $1.3 billion for the fiscal second quarter. Corpay expects full-year earnings in the range of $26.30 to $27.10 per share, with revenue ranging from $5.25 billion to $5.33 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPAY at https://www.zacks.com/ap/CPAY