Corpay Cross-Border Continues Global Expansion With Launch Of New Office In Auckland, New Zealand

6/17/24 4:35:11 PM ET

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The expansion aims to offer more localized support to clients in the region and provide innovative solutions tailored to the local market

Corpay, Inc.*, (NYSE:CPAY), a global leader in corporate payments, is pleased to announce the latest expansion of its Cross-Border business with the establishment of a new office in Auckland, New Zealand. This expansion reinforces the company's leading position in the payment industry and strengthens its presence in the Asia-Pacific region.

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Recent Analyst Ratings for
$CPAY

Date	Price Target	Rating	Analyst
9/3/2024		Underperform → Peer Perform	Wolfe Research
6/5/2024	$285.00	Equal Weight	Wells Fargo
5/17/2024	$295.00	Peer Perform → Underperform	Wolfe Research

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Corpay Cross-Border Extends Partnership with World Aquatics
Providing access to currency risk management and cross-border payments solutions Corpay, Inc.*, (NYSE:CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into a multi-year agreement to extend their successful collaboration with World Aquatics as their Official FX Payments Supplier. Corpay Cross-Border has provided a range of corporate foreign exchange payments solutions for World Aquatics, the global governing body of six aquatic disciplines – Swimming, Water Polo, Diving, High Diving, Artistic Swimming and Open Water Swimming since 2022. Under this multi-year extension, World Aquatics, along with the global aquatics' commu
11/18/24 5:30:00 AM ET
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Business Services
Consumer Discretionary
Corpay to Participate in Upcoming Investor Conferences
Corpay, Inc., (NYSE:CPAY) a corporate payments company, today announced that the Company will participate in the following investor conferences: On Wednesday, November 13, 2024, Tom Panther, Chief Financial Officer, and Jim Eglseder, SVP, Global Investor Relations, will be attending the KBW Fintech Conference in New York, NY. Mr. Panther will participate in a fireside chat beginning at 3:15 PM ET. On Tuesday, December 3, 2024, Tom Panther, Chief Financial Officer, and Jim Eglseder, SVP, Global Investor Relations, will be attending the UBS Global Technology and AI Conference in Scottsdale, AZ. Mr. Panther will participate in a fireside chat beginning at 12:55 PM MT. Investors and inte
11/8/24 8:30:00 AM ET
$CPAY
Business Services
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Corpay Reports Third Quarter 2024 Financial Results
Surpasses $1 Billion in quarterly revenue Corpay, Inc. (NYSE:CPAY), a corporate payments company, today reported financial results for its third quarter ended September 30, 2024. "We surpassed $1 billion in quarterly revenue for the first time, led by Corporate Payments organic growth of 18%. Business fundamentals were quite good with same store sales and retention improving and sales remaining strong," said Ron Clarke, chairman and chief executive officer, Corpay, Inc. "We're confident that our revenue growth will accelerate in the fourth quarter, which positions us well heading into 2025." Financial Results for Third Quarter of 2024: GAAP Results Revenues increased 6% to $1,029.2 mi
11/7/24 4:05:00 PM ET
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Corpay Names Chief Revenue Officer to Lead Newly Combined U.S. Sales Organization
Corpay, Inc. (NYSE:CPAY), a corporate payments company, announced today the appointment of Mike Jeffrey, a former Paychex senior sales executive, to the newly established role of USA Chief Revenue Officer (CRO). This new CRO role, reporting to the CEO, will be responsible for new bookings in Corpay's core U.S. market, including the Fleet, Payables, and Workforce Lodging businesses. The CRO will also direct Corpay's cross-sell initiatives. A significant proportion of Corpay's customers already purchase products from multiple Corpay divisions. This new role is designed to create a more unified, single view of the customer across all Corpay segments and capture further cross-sell opportun
10/1/24 9:00:00 AM ET
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Corpay Cross-Border Joins the AbbeyCross ABX Platform to Provide FX Payments to Emerging Markets
Corpay, Inc.*, (NYSE:CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into a strategic partnership with AbbeyCross to provide FX Payments services to Emerging Markets, via the ABX Platform, a new marketplace for FX payments. Corpay Cross-Border is one of the first non-bank providers of global payments to join the ABX Platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241001298594/en/ Partnered with 100+ correspondent banks and counterparty trading institutions across 6 continents, Corpay Cross-Border is one of the world's largest non-bank providers of global
10/1/24 8:30:00 AM ET
$CPAY
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Corpay Cross-Border Named the Official World Athletics Foreign Exchange Supplier
Providing access to currency risk management and cross-border payments solutions Corpay, Inc.*, (NYSE:CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with World Athletics, the international governing body for the sport of athletics, covering track and field, cross country running, road running, race walking, mountain running, and ultra running, to become their Official Foreign Exchange (FX) Supplier. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240724239669/en/ Through this partnership, World Athletics, and the broader World Athletics famil
7/25/24 8:30:00 AM ET
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Corpay Reports Third Quarter 2024 Financial Results
Surpasses $1 Billion in quarterly revenue Corpay, Inc. (NYSE:CPAY), a corporate payments company, today reported financial results for its third quarter ended September 30, 2024. "We surpassed $1 billion in quarterly revenue for the first time, led by Corporate Payments organic growth of 18%. Business fundamentals were quite good with same store sales and retention improving and sales remaining strong," said Ron Clarke, chairman and chief executive officer, Corpay, Inc. "We're confident that our revenue growth will accelerate in the fourth quarter, which positions us well heading into 2025." Financial Results for Third Quarter of 2024: GAAP Results Revenues increased 6% to $1,029.2 mi
11/7/24 4:05:00 PM ET
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Corpay to Announce Third Quarter 2024 Results on November 7, 2024
Corpay, Inc., (NYSE:CPAY) a global corporate payments company, today announced that the Company will host a conference call to discuss third quarter 2024 financial results on Thursday, November 7, 2024 at 5:00 pm ET. Hosting the call will be Ron Clarke, Chief Executive Officer, Tom Panther, Chief Financial Officer and Jim Eglseder, Investor Relations. A press release with third quarter financial results will be issued after the market close that same day. The call will be webcast live from the Company's investor relations website at https://investor.corpay.com/. The conference call can also be accessed live over the phone by dialing (800)-445-7795 or (203)-518-9856; the Conference ID is "C
10/16/24 4:05:00 PM ET
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Consumer Discretionary
Corpay Reports Second Quarter 2024 Financial Results
Paymerang acquisition closed on July 1, 2024 Corpay, Inc. (NYSE:CPAY), a corporate payments company, today reported financial results for its second quarter ended June 30, 2024. "Our results were slightly ahead of our expectations. Our most recent business trends, including same store sales, new sales and customer retention, all meaningfully improved in the second quarter, which bodes well for our 2024 exit," said Ron Clarke, chairman and chief executive officer, Corpay, Inc. "Our Corporate Payments revenue continued to grow in the high teens and with the addition of Paymerang on July 1st and GPS Capital Markets expected in early 2025, that business is well on its way to becoming 40% of
8/7/24 4:05:00 PM ET
$CPAY
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Corpay Cross-Border Continues Global Expansion With Launch Of New Office In Auckland, New Zealand

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$CPAY Insider Trading

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Chief Accounting Officer Vickery Alissa B exercised 8,000 units of Common Stock Holding at a strike of $252.50 and sold $2,960,302 worth of Common Stock Holding (8,000 units at $370.04) (SEC Form 4)

Group President Netto Armando Lins exercised 70,175 shares at a strike of $196.94 and sold $25,502,894 worth of shares (70,175 units at $363.42) (SEC Form 4)

CEO & Chairman of BOD Clarke Ronald exercised 845,000 shares at a strike of $219.23 and covered exercise/tax liability with 651,536 shares, increasing direct ownership by 9% to 2,232,096 units (SEC Form 4)

$CPAY Press Releases

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Corpay Cross-Border Extends Partnership with World Aquatics

Corpay to Participate in Upcoming Investor Conferences

Corpay Reports Third Quarter 2024 Financial Results

$CPAY Leadership Updates

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Corpay Names Chief Revenue Officer to Lead Newly Combined U.S. Sales Organization

Corpay Cross-Border Joins the AbbeyCross ABX Platform to Provide FX Payments to Emerging Markets

Corpay Cross-Border Named the Official World Athletics Foreign Exchange Supplier

$CPAY Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Corpay Inc.

Amendment: SEC Form SC 13G/A filed by Corpay Inc.

SEC Form SC 13G filed by Corpay Inc.

$CPAY SEC Filings

SEC Form 10-Q filed by Corpay Inc.

Corpay Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

Corpay Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Financial Statements and Exhibits

$CPAY Market Insights

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Jefferies Maintains Buy on Corpay, Raises Price Target to $350

Evercore ISI Group Maintains Outperform on Corpay, Lowers Price Target to $345

B of A Securities Maintains Buy on Corpay, Raises Price Target to $331

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Corpay upgraded by Wolfe Research

Wells Fargo initiated coverage on Corpay with a new price target

Corpay downgraded by Wolfe Research with a new price target

$CPAY Financials

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Corpay Reports Third Quarter 2024 Financial Results

Corpay to Announce Third Quarter 2024 Results on November 7, 2024

Corpay Reports Second Quarter 2024 Financial Results

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