WEX Inc expected to post earnings of $3.22 a share - Earnings Preview
07/02/2023 19:34
* WEX Inc WEX.N WEX is expected to show a rise in
quarterly
revenue when it reports results on February 9.
* The South Portland Maine-based company is expected to
report a
15.9% increase in revenue to $576.864 million from $497.54
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. The company's guidance on
October 27 2022, for the period ended December 31, was for
revenue between $570.00 million and $580.00 million.
* Refinitiv's mean analyst estimate for WEX Inc is for
earnings
of $3.22 per share. The company's EPS guidance on October 27
2022, for the period ended December 31, was between $3.15 and
$3.25
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for WEX Inc is
$193,
above its last closing price of $183.37.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Sep. 30 2022 3.42 3.42 3.51 Beat 2.6
Jun. 30 2022 3.26 3.38 3.71 Beat 9.8
Mar. 31 2022 2.73 2.69 2.88 Beat 7.2
Dec. 31 2021 2.49 2.45 2.58 Beat 5.3
Sep. 2.27 2.27 2.45 Beat 7.8
30 2021
Jun. 30 2021 1.98 1.95 2.31 Beat 18.2
Mar. 31 2021 1.71 1.66 1.79 Beat 7.7
Dec. 31 2020 1.46 1.46 1.45 Missed -0.6
This summary was machine generated February 7 at 19:34 GMT. All
figures in US dollars unless otherwise stated