Global commercial fuel-card and business payments company FLEETCOR Technologies Inc. (NYSE: FLT) on Wednesday reported adjusted earnings per share (EPS) of $2.82 for the first quarter, a 6% decrease from adjusted EPS of $3 in the first quarter of 2020.
After better-than-expected fourth-quarter earnings, FLEETCOR’s first-quarter net revenue was $609 million, an 8% year-over-year decrease.
“Although revenue and adjusted EPS were down, … we remain encouraged that new sales were up...
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