WEX Inc expected to post earnings of $3.80 a share - Earnings Preview
23/07/2024 18:17
* WEX Inc WEX.N WEX is expected to show a rise in
quarterly
revenue when it reports results on July 25 for the period
ending June 30 2024
* The Portland Maine-based company is expected to report a
9.4% increase in revenue to $679.819 million from $621.3 million
a year ago, according to the mean estimate from 14 analysts,
based on LSEG data.The company's guidance on April 25 2024, for
the period ended June 30, was for revenue between $675.00
million and $685.00 million.
* LSEG's mean analyst estimate for WEX Inc is for earnings
of
$3.80 per share. The company's EPS guidance on April 25 2024,
for the period ended June 30, was between $3.75 and $3.85
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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 $184.39.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 3.50 3.48 3.46 Missed -0.6
Dec. 31 2024 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. 3.21 3.20 3.31 Beat 3.5
31 2023
Dec. 31 2022 3.22 3.22 3.44 Beat 6.9
Sep. 30 2022 3.42 3.42 3.51 Beat 2.6
Jun. 30 2022 3.26 3.38 3.71 Beat 9.8
This summary was machine generated July 23 at 17:17 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)