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