WEX Inc expected to post earnings of $3.48 a share - Earnings Preview
23/04/2024 15:58
* WEX Inc WEX.N WEX is expected to show a rise in
quarterly
revenue when it reports results on April 25 for the period
ending March 31 2024
* The Portland Maine-based company is expected to report a
7.0% increase in revenue to $654.705 million from $612 million a
year ago, according to the mean estimate from 13 analysts, based
on LSEG data.The company's guidance on February 8 2024, for the
period ended March 31, was for revenue between $650.00 million
and $660.00 million.
* LSEG's mean analyst estimate for WEX Inc is for earnings
of
$3.48 per share. The company's EPS guidance on February 8 2024,
for the period ended March 31, was between $3.40 and $3.50
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 0.0%
in the last three months.
* Wall Street's median 12-month price target for WEX Inc is
$268.50, above its last closing price of $230.64.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 3.71 3.70 3.82 Beat 3.1
Sep. 30 2023 3.79 3.77 4.05 Beat 7.4
Jun. 30 2023 3.51 3.51 3.63 Beat 3.5
Mar. 31 2023 3.21 3.20 3.31 Beat 3.5
Dec. 3.22 3.22 3.44 Beat 6.9
31 2022
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
This summary was machine generated April 23 at 14:58 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)