WEX Inc expected to post earnings of $3.70 a share - Earnings Preview
06/02/2024 14:23
* WEX Inc WEX.N WEX is expected to show a rise in
quarterly
revenue when it reports results on February 8 for the period
ending December 31 2023
* The Portland Maine-based company is expected to report a
5.6% increase in revenue to $653.13 million from $618.61 million
a year ago, according to the mean estimate from 14 analysts,
based on LSEG data.The company's guidance on October 26 2023,
for the period ended December 31, was for revenue between
$650.00 million and $660.00 million. (Majority sales on Total
Revenue Basis)
* LSEG's mean analyst estimate for WEX Inc is for earnings
of
$3.70 per share. The company's EPS guidance on October 26 2023,
for the period ended December 31, was between $3.65 and $3.75
* 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
$232.50, above its last closing price of $198.79.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
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. 31 2022 3.22 3.22 3.44 Beat 6.9
Sep. 3.42 3.42 3.51 Beat 2.6
30 2022
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
This summary was machine generated February 6 at 14:22 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)