WEX Sees Q3 Revenue Of $629M - $639M Vs. $635.36M; Adj EPS Of $3.65 - $3.75 Vs. $3.66 Est.
Portfolio Pulse from Benzinga Newsdesk
WEX Inc. has projected its Q3 revenue to be between $629M and $639M, compared to an estimate of $635.36M. The company also expects its adjusted EPS to be between $3.65 and $3.75, versus an estimate of $3.66.
July 27, 2023 | 10:37 am
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POSITIVE IMPACT
WEX's Q3 revenue and adjusted EPS projections are slightly higher than estimates. This could potentially lead to a positive market reaction.
WEX's projected Q3 revenue and adjusted EPS are both within a range that is slightly higher than the current estimates. This suggests that the company is performing well and could potentially exceed market expectations, which could lead to a positive reaction in its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100