FleetCor Technologies, Inc. (FLT) released earnings for its fourth quarter that increased from last year but missed the Street estimates.
The company's earnings came in at $255.86 million, or $3.48 per share. This compares with $225.32 million, or $3.03 per share, in last year's fourth quarter.
Excluding items, FleetCor Technologies, Inc. reported adjusted earnings of $326.14 million or $4.44 per share for the period.
Analysts on average had expected the company to earn $4.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 6.1% to $937.32 million from $883.61 million last year.
FleetCor Technologies, Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $255.86 Mln. vs. $225.32 Mln. last year.
-EPS (Q4): $3.48 vs. $3.03 last year.
-Analyst Estimate: $4.48
-Revenue (Q4): $937.32 Mln vs. $883.61 Mln last year.
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