The exciting news about WEX (NYSE: WEX) will be shared on Thursday 24th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
According to the predictions of financial experts on Wall Street, the establishment is expected to announce an anticipated $4.42 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $691.02 million for the period.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $4.05. This results was derived from the company's total revenue, which reached an impressive $651.4 million during same quarter.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $2.7 billion. Additionally, they expect the company to report per share profit of $16.1 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.91 | +7.7% | 673.50 M | +8.4% |
| Q1 2024 | $3.46 | +4.5% | 652.70 M | +6.7% |
| Q4 2023 | $3.82 | +11.0% | 663.30 M | +7.2% |
| Q3 2023 | $4.05 | +15.4% | 651.40 M | +5.7% |
| Q2 2023 | $3.63 | -2.2% | 621.30 M | +3.9% |
| *Growth on year-over-year basis | ||||
WEX will host a conference call with investment community on 24th October 2024 at 10:00 AM eastern time to discuss the financial results.
The previous trading day saw WEX (WEX) shares trading between $211.04 and $213.46, besides a volume of 498.20 thousand shares. The stock closed Tuesday's regular trading session at $211.33, demonstrating 0.75 percent downfall.
