WEX Stock Rises 17% Since Q4 Earnings & Revenues Beat Estimates
Portfolio Pulse from
WEX's stock has risen by 17% following a positive surprise in its fourth-quarter 2024 earnings and revenues, despite a year-over-year decline.
February 12, 2025 | 5:00 pm
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POSITIVE IMPACT
WEX's stock increased by 17% after the company reported fourth-quarter 2024 earnings and revenues that exceeded estimates, even though both metrics declined compared to the previous year.
The 17% rise in WEX's stock price indicates a strong positive market reaction to the earnings and revenue beat, suggesting investor confidence despite the year-over-year decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100