• Mon. Feb 26th, 2024

Recap: WEX Q3 Earnings – WEX (NYSE:WEX)

ByBenzinga Insights

Oct 27, 2022
Recap: WEX Q3 Earnings - WEX (NYSE:WEX)

WEX WEX reported its Q3 earnings results on Thursday, October 27, 2022 at 06:30 AM.

Here’s what investors need to know about the announcement.


WEX beat estimated earnings by 2.63%, reporting an EPS of $3.51 versus an estimate of $3.42.

Revenue was up $133.37 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.28 which was followed by a 2.3% drop in the share price the next day.

Here’s a look at WEX’s past performance:


Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 3.43 2.69 2.45 2.27
EPS Actual 3.71 2.88 2.58 2.45
Revenue Estimate 568.21M 507.08M 484.57M 475.28M
Revenue Actual 598.24M 517.53M 497.54M 482.76M

To track all earnings releases for WEX visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Image and article originally from www.benzinga.com. Read the original article here.