Exploring WEX's Earnings Expectations
Portfolio Pulse from Benzinga Insights
WEX Inc. is set to release its quarterly earnings report on October 24, 2024, with analysts expecting an EPS of $4.47. The company's past performance shows a tendency for share price increases following earnings beats. Analysts have given WEX a Neutral rating with a slight potential downside. Compared to peers, WEX shows average performance in revenue growth but lags in profitability metrics.
October 23, 2024 | 6:01 pm
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WEX is expected to report an EPS of $4.47. Historically, the stock has reacted positively to earnings beats. Analysts rate WEX as Neutral with a slight potential downside. The company's revenue growth is average, but profitability metrics lag behind peers.
WEX's historical performance shows a positive stock price reaction to earnings beats. With an expected EPS of $4.47, if WEX surpasses this, a short-term price increase is likely. The Neutral rating and slight downside potential suggest moderate investor expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100