WEX's Stock Gains 6.9% Despite Missing Q4 Earnings Estimates [Yahoo! Finance]
WEX Inc. common stock (WEX)
NASDAQ:AMEX Investor Relations:
wexinc.com/payment-solutions/virtual-payments
Company Research
Source: Yahoo! Finance
The company's shares increased 6.9% despite missing the fourth-quarter earning estimate. Adjusted earnings (excluding $1.16 from non-recurring items) of $3.14 per share missed the Zacks Consensus Estimate by 4.6% but improved 3.3% year over year. Total revenues of $663.3 million outpaced the consensus estimate by 1% and increased 7.2% year over year. WEX Inc. Price, Consensus and EPS Surprise WEX Inc. price-consensus-eps-surprise-chart | WEX Inc. Quote Quarterly Details Mobility revenues decreased 5% year over year to $350.1 million, missing our estimate of $362 million. Corporate Payments revenues of $135 million were up 22% year over year, which beat our prediction of $123.1 million. Benefits revenues of $178.2 million registered 27% year-over-year growth and surpassed our projection of $167.8 million. Total volume across the company was $56 billion, up 6% year over year. The average number of vehicles serviced was around 19.3 million, up 3% from a year ago. Mobility pa
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WEX
News
- WEX Inc. (NYSE:WEX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Wex (WEX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, Wex (WEX) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- WEX Inc. Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- WEX Inc. Reports First Quarter 2024 Financial ResultsBusiness Wire
WEX
Earnings
- 4/25/24 - Beat
WEX
Sec Filings
- 5/1/24 - Form 144
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- WEX's page on the SEC website