WEX Raises FY23 Adj EPS Outlook From $13.85 - $14.25 To $14.15 - $14.35 Vs. $14.05 Est.
Portfolio Pulse from Benzinga Newsdesk
WEX has increased its FY23 adjusted EPS outlook from $13.85 - $14.25 to $14.15 - $14.35, which is higher than the estimated $14.05.
July 27, 2023 | 10:35 am
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POSITIVE IMPACT
WEX has raised its FY23 adjusted EPS outlook, which is now higher than the estimated value. This could potentially lead to a positive market reaction.
WEX's raised EPS outlook for FY23 indicates a potentially stronger financial performance than previously expected. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100