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

WEX

26/10/2023 14:32

* WEX Inc  WEX.N  reported quarterly adjusted earnings of
$4.05​​
per share for the quarter ended in September. The mean
expectation of sixteen analysts for the quarter was for earnings
of $3.77 per share.
    * Revenue rose 5.7% to $651.40 million from a year ago;
analysts
expected $643.76 million. 
    * WEX Inc's reported EPS for the quarter was 42 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * WEX Inc shares had fallen by 4.1% this quarter and
gained 10.3%
so far this year.
    * The company reported quarterly net income of $18.4
million.
    * Wall Street's median 12-month price target for WEX Inc is
$231.00 
    * 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 LSEG Refinitiv data
October 26 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      3.77           4.05           Beat
 Jun. 30 2023      3.51           3.63           Beat
 Mar. 31 2023      3.20           3.31           Beat
 Dec. 31 2022      3.22           3.44           Beat