WEX Q1 2024 Adj EPS $3.46 Misses $3.48 Estimate, Sales $652.700M Miss $654.705M Estimate
Portfolio Pulse from Benzinga Newsdesk
WEX reported Q1 2024 adjusted EPS of $3.46, missing the consensus estimate of $3.48, and sales of $652.7M, slightly below the estimate of $654.705M. This represents a 6.65% increase in sales compared to the same period last year.

April 25, 2024 | 10:33 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
WEX missed Q1 2024 EPS and sales estimates but showed a 6.65% YOY sales increase.
Missing both EPS and sales estimates can negatively impact investor sentiment and stock price in the short term, despite the year-over-year sales growth. The slight miss in expectations, however, suggests a relatively stable performance, mitigating potential negative impacts.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100