For the quarter ended June 2024, Corpay (CPAY Quick QuoteCPAY - Free Report) reported revenue of $975.71 million, up 2.9% over the same period last year. EPS came in at $4.55, compared to $4.19 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $971.66 million, representing a surprise of +0.42%. The company delivered an EPS surprise of +0.89%, with the consensus EPS estimate being $4.51.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Corpay performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Lodging Payments - Room nights

  : 8.7 million versus the three-analyst average estimate of 8.54 million.

• Spend volume - Corporate Payments

  : 42.88 million compared to the 37.28 million average estimate based on three analysts.

• Revenues, net per room night - Lodging Payments

  : $13.99 compared to the $15.13 average estimate based on three analysts.

• Revenues, net per transaction- Vehicle Payments

  : $2.46 versus the two-analyst average estimate of $3.24.

• Revenue, net per spend - Corporate Payments

  : $0.67 versus the two-analyst average estimate of $0.73.

• Other - Revenues, net per transaction

  : $0.16 versus $0.19 estimated by two analysts on average.

• Other - Transactions

  : 349.3 million versus 330.3 million estimated by two analysts on average.

• Revenues- Corporate Payments

  : $288.48 million versus $277.09 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +16.8% change.

• Revenues- Vehicle Payments

  : $510.28 million compared to the $503.64 million average estimate based on five analysts.

• Revenues- Lodging Payments

  : $122.38 million versus the five-analyst average estimate of $127.62 million. The reported number represents a year-over-year change of -10.4%.

• Revenues- Other Payments

  : $54.58 million compared to the $63.87 million average estimate based on four analysts. The reported number represents a change of -2.5% year over year.

• Operating income- Corporate Payments

  : $120.56 million versus $113.89 million estimated by two analysts on average.

View all Key Company Metrics for Corpay here>>>

Shares of Corpay have returned +0.6% over the past month versus the Zacks S&P 500 composite's -5.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.