Corpay Q3 revenue rises 6% to $1.03 billion; full-year revenue guidance trimmed slightly
Corpay reported third-quarter 2024 revenue of $1,029.2 million, up 6%, and diluted EPS of $3.90, up 7%, with adjusted diluted EPS of $5.00, up 11%. The company slightly lowered its full-year 2024 revenue guidance, citing fuel prices and foreign exchange rates, while maintaining its $19.00 cash EPS guide, and the board raised the share repurchase authorization by $1 billion.
Key points
- Q3 2024 revenue of $1,029.2 million, up 6% from $970.9 million; first quarter above $1 billion, per the company
- Q3 diluted EPS $3.90, up 7%; adjusted diluted EPS $5.00, up 11% from $4.49
- 2024 revenue guidance lowered to $3,980 million to $4,010 million (midpoint $3,995 million); cash EPS guide maintained at $19.00
- Share repurchase authorization increased by $1 billion; $500 million Term Loan B upsizing completed September 26, 2024
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.