CorPay Surges with Record Earnings | Business and Finance News

CorPay just smashed its second quarter earnings with a record $7 EPS—up 36%—driven by massive corporate payments deals Alpha and Avid, plus 10% overall revenue growth led by Corporate Payments’ 16% surge. The company’s confidence is soaring enough to bump full-year revenue guidance to $5.31B, fueled by beating targets, a brighter economic outlook, and the EPICS divestiture closing by September. Cash EPS forecast also jumps to $27.35, powered by strong performance and expected productivity gains. Looking ahead, CorPay’s laser focus is expanding vehicle payments for fleets, boosting cross-border offerings, and helping clients optimize indirect expenses before approval—with a bold midterm goal of double-digit organic growth and over 20% cash EPS growth, backed by $15B in capital for buybacks and acquisitions. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a0048ef831999fbc