FleetCor (FLT) To Post Q2 Earnings: What's In The Offing?

 | Aug 02, 2019 06:24AM ET

FleetCor Technologies, Inc. (NYSE:FLT) will report second-quarter 2019 results on Aug 6, after the bell.

Shares of the company have gained a massive 51.6% year to date, outperforming the 42.5% rally of the FleetCor Technologies, Inc. Quote

Bottom-Line Projections

The Zacks Consensus Estimate for earnings in the to-be reported quarter is pegged at $2.79, indicating growth of 8.6% from the year-ago reported figure. In first-quarter 2019, adjusted earnings of $2.67 per share increased 6.8% year over year.

What Our Model Says

According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Zacks Investment Research

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