WEX Q4 Adj. EPS $3.82 Beats $3.70 Estimate, Sales $663.30M Beat $653.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
WEX Inc. reported Q4 adjusted earnings of $3.82 per share, surpassing the consensus estimate of $3.70, marking an 11.05% increase from last year. Quarterly sales reached $663.30 million, exceeding estimates by 1.56% and showing a 7.22% increase from the previous year.
February 08, 2024 | 11:31 am
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POSITIVE IMPACT
WEX Inc. reported a strong Q4 with earnings and sales exceeding analyst estimates, indicating robust financial health and growth.
WEX Inc.'s Q4 earnings and sales not only surpassed analyst expectations but also showed significant improvement from the previous year. This positive performance is likely to instill confidence in investors, potentially leading to a short-term uptick in WEX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100