Fleetcor

Fleetcor Technologies Inc. on Wednesday reported revenues of $861 million in its second-quarter earnings.

Fleetcor’s reported first-quarter earnings Thursday include a steady retention rate of 93%.

“Across the board, our businesses showed momentum and ended the year on a strong note,” said Charles Freund, CFO at Fleetcor.

Fleetcor’s third-quarter adjusted earnings per share grew 26% year-over-year, while new sales bookings grew 52% in the same period.

Fleetcor is “finally moving past [its] pre-pandemic baseline,” Chairman and CEO Ron Clarke said during the earnings call.

First-quarter revenue results were aligned with FLEETCOR’s expectations, but at $609 million, they fell 8% short of first-quarter 2020 results.

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Business payments company FLEETCOR Technologies Inc. reported EPS 19 cents above estimates for the fourth quarter.

FleetCor’s third-quarter revenue topped most Wall Street expectations for revenue at $580.8 million, while its earnings per share missed expectations by 46 cents.

Atlanta-based FleetCor is a commercial fuel-card and business-payments systems provider. The company employs around 8,700 people and provides commercial card services in more than 100 countries.