WEX Raises FY23 Revenue Guidance From $2.45B - $2.49B To $2.50B - $2.52B Vs. $2.49B Est.
Portfolio Pulse from Benzinga Newsdesk
WEX has increased its FY23 revenue guidance from $2.45B-$2.49B to $2.50B-$2.52B, compared to the estimated $2.49B.
July 27, 2023 | 10:34 am
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POSITIVE IMPACT
WEX has raised its FY23 revenue guidance, which is now above the previous estimate.
WEX's decision to raise its FY23 revenue guidance indicates a positive outlook for the company's future performance. This could potentially attract more investors, driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100