WEX Inc reports results for the quarter ended in September - Earnings Summary

WEX

27/10/2022 14:32

* WEX Inc  WEX.N  reported quarterly adjusted earnings of
$3.51​​
per share for the quarter ended in September. The mean
expectation of sixteen analysts for the quarter was for earnings
of $3.42 per share.
    * Revenue rose 27.6% to $616.13 million from a year ago;
analysts
expected $586.62 million. 
    * WEX Inc's reported EPS for the quarter was a loss of
$1.00​.
    * The mean earnings estimate of analysts had risen by
about 2% in
the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * WEX Inc shares had risen by 16.6% this quarter and
gained 5.5%
so far this year.
    * The company reported a quarterly loss of $44.15 million.
    * Wall Street's median 12-month price target for WEX Inc is
$185.00 
    * 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." 

This summary was machine generated from Refinitiv data October
27 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      3.42           3.51           Beat
 Jun. 30 2022      3.38           3.71           Beat
 Mar. 31 2022      2.69           2.88           Beat
 Dec. 31 2021      2.45           2.58           Beat