FleetCor Technologies Q4 Profit Up - Quick Facts

(RTTNews) - FleetCor Technologies, Inc. (FLT) Wednesday reported fourth-quarter profit of $68.1 million or $0.80 per share, up from $60.1 million or $0.70 per share in the same period last year.

Adjusted earnings for the quarter were $92.1 million or $1.08 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $1.06 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 26 percent to $255.5 million from $202.6 million last year. Adjusted revenues for the quarter were $237.7 million. Analysts expected revenues of $240.20 million.

Looking ahead to the fiscal year 2014, the company currently projects adjusted earnings in the range of $4.90 to $5.00 per share, with revenues ranging between between $1.07 billion and $1.09 billion.

Analysts currently expect the company to report full-year earnings of $4.91 per share on revenues of $1.10 billion.