Corpay, Inc. (CPAY) earnings on August 5, 2026
Prior outlook: Pessimistic Outcome: Partial
Corpay shares rose after announcing a deal to sell some businesses. Analysts kept positive ratings and raised their price targets, supporting the stock.
CPAY price around the earnings
398.28
Change: +1.3%
2026-08-06, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Partial
- Thesis published
- Results released
Pre-release: Strong past beats and AI innovation drive an optimistic sentiment, but after a strong recent rise conditions are present.
Context analyzed before publication
- Trend
- Recent trajectory collapsed from strong positive to deeply negative, signaling increasing after a strong recent rise conditions and pote
Analysts
Evidence
- Analyst moves in the last 60 days
- 1
- Strong buy: 4
- Buy: 7
- Hold: 3
- Sell: 0
- Strong sell: 0
- Strong buy
- 4
- Buy
- 7
- Hold
- 3
- Sell
- 0
- Strong sell
- 0
- July 28, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- High
- Normalized volume
- 99%
News
Sources (2)
- Morgan Stanley Maintains Overweight on Corpay, Raises Price Target to $415 (opens in a new tab) — Benzinga
- Corpay Announces Agent Card, Enabling AI Agents To Generate Controlled Virtual Cards For Business Transactions (opens in a new tab) — Benzinga
Technicals
Evidence
- Price when the context was analyzed
- 396.57
- Average true range (ATR)
- 2.7%
- Distance to 52-week high
- -0.7%
- 14-day change (14d)
- +8.3%
- 30-day change (33d)
- +12.5%
- 30-day relative strength
- +9.0%
- SPY change (33d)
- +3.5%
- Nearest support
- 395.25
- Distance to nearest support
- 0.3%
- Nearest resistance
- 398.34
- Distance to nearest resistance
- 0.5%
- Volume accumulation ratio (14d / 46d)
- 0.85
- Mid: 395.25 (0.3% away, 0.12 ATR, 3 touches)
- Mid: 391 (1.4% away, 0.52 ATR, 8 touches)
- Minor: 389.14 (1.9% away, 0.69 ATR, 2 touches)
- Mid: 398.34 (0.5% away, 0.17 ATR, 2 touches)
- Minor: 400.6 (1% away, 0.38 ATR, 2 touches)
Trends
Evidence
- Average earnings surprise
- +2.2%
- May 7, 2026: actual EPS 5.8 vs estimate 5.47 (surprise +6.0%)
- February 4, 2026: actual EPS 6.04 vs estimate 5.94 (surprise +1.7%)
- November 5, 2025: actual EPS 5.7 vs estimate 5.64 (surprise +1.0%)
- August 6, 2025: actual EPS 5.13 vs estimate 5.12 (surprise +0.1%)
Expected move
- Implied move
- +2.2%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 5.8%
- 75th percentile move
- 7.1%
- 90th percentile move
- 9.4%
- Up / down moves
- 10 / 10
- Average up move
- +6.8%
- Average down move
- -3.6%
Monitoring and close
What Corpay, Inc. reported
- Status
- Finished
| Actual EPS | 7 |
|---|---|
| EPS estimate | 6.58 |
| EPS surprise | +6.4% |
| Revenue | $1,338 million |
| Revenue estimate | $1,299 million |
| Revenue surprise | +3.0% |
Corpay beat Q2 expectations with adjusted EPS of $7.00 and sales of $1.338B. For Q3, it guides adjusted EPS of $7.05-$7.25 and sales of $1.355B, both above estimates. The 2026 outlook remains optimistic.
Sources (7)
- Corpay beat expectations in Q2: adjusted earnings of $7.00 per share and sales of $1.338 billion, both above estimates. — Benzinga
- Corpay Q2 Adj. EPS $7.00 Beats $6.58 Estimate, Sales $1.338B Beat $1.299B Estimate (opens in a new tab) — Benzinga
- UPDATE: Corpay Sees Q3 Adj EPS $7.05-$7.25 vs $7.03 Est; Sees Sales $1.355B vs $1.351B Est (opens in a new tab) — Benzinga
- Corpay Sees Q3 Adj EPS $7.05-$7.25 vs $7.03 Est (opens in a new tab) — Benzinga
- Corpay Sees Q3 GAAP EPS $5.26-$5.46 vs $5.45 Est (opens in a new tab) — Benzinga
- Corpay Lowers FY2026 GAAP EPS Guidance from $20.39 to $19.50-$19.90 vs $21.24 Est (opens in a new tab) — Benzinga
- Corpay Raises FY2026 Adj EPS Guidance from $26.30-$27.10 to $27.15-$27.55 vs $26.75 Est; Raises FY2026 Sales Guidance from $5.250B-$5.330B to $5.290B-$5.330B vs $5.305B Est (opens in a new tab) — Benzinga
Pre-market second reading after the results
- Verdict
- Beat expectations
Heading into the open, results beat expectations on both earnings and revenue, yet the price is indicating -2.0% pre-market, a move below the stock's usual reaction (about 6%). The figures confirm the pessimistic scenario. In the 955 similar cases from our market history, the close held that direction 72% of the time.
How the stock reacted
- Outcome
- Partial
- Consolidated
- +1.6%
- Max favorable move (MFE)
- 1.4%
- Max adverse move (MAE)
- 1.7%