FleetCor Technologies Inc. announced its fourth-quarter and full-year financial results for 2023 after the market closed Wednesday, reporting increases in revenue and earnings.
The business and fuel payments firm’s fourth-quarter revenue increased 6% year over year (y/y) to $937 million, while earnings per share increased 10% y/y to $4.44.
FleetCor missed Wall Street quarterly revenue and earnings estimates of $968.4 million and $4.47 per share.
Ron Clarke, chairman and CEO, said fourth-quarter...