WEX Inc expected to post earnings of $4.42 a share - Earnings Preview
22/10/2024 15:14
* WEX Inc WEX.N WEX is expected to show a rise in
quarterly
revenue when it reports results on October 24 for the period
ending September 30 2024
* The Portland Maine-based company is expected to report a
5.6% increase in revenue to $687.614 million from $651.4 million
a year ago, according to the mean estimate from 14 analysts,
based on LSEG data.The company's guidance on July 25 2024, for
the period ended September 30, was for revenue between $688.00
million and $698.00 million.
* LSEG's mean analyst estimate for WEX Inc is for earnings
of
$4.42 per share. The company's EPS guidance on July 25 2024, for
the period ended September 30, was between $4.42 and $4.52
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 8
"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
$218.53, above its last closing price of $212.93.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 3.80 3.72 3.90 Beat 5
Mar. 31 2024 3.50 3.39 3.46 Beat 2
Dec. 31 2023 3.71 3.70 3.82 Beat 3.1
Sep. 30 2023 3.79 3.68 4.05 Beat 10
Jun. 3.51 3.43 3.63 Beat 5.9
30 2023
Mar. 31 2023 3.21 3.13 3.31 Beat 5.7
Dec. 31 2022 3.22 3.22 3.44 Beat 6.9
Sep. 30 2022 3.42 3.42 3.51 Beat 2.6
This summary was machine generated October 22 at 14:14 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)