For the quarter ended December 2024, Wex (WEX) reported income of $636.5 million, down 4% over the identical interval final yr. EPS got here in at $3.57, in comparison with $3.82 within the year-ago quarter.
The reported income represents a shock of +0.70% over the Zacks Consensus Estimate of $632.11 million. With the consensus EPS estimate being $3.54, the EPS shock was +0.85%.
Whereas traders carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s worth efficiency.
Right here is how Wex carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Mobility – Fee processing transactions: 138.5 million versus the four-analyst common estimate of 137.58 million.
- Company Funds – Buy quantity: $16.54 billion versus $19.54 billion estimated by 4 analysts on common.
- Advantages – Buy quantity: $1.62 billion in comparison with the $1.61 billion common estimate based mostly on 4 analysts.
- Mobility – Common US gasoline worth: 3.25 $/gal versus 3.27 $/gal estimated by 4 analysts on common.
- Revenues- Company Funds: $104.30 million versus $115.42 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a -22.7% change.
- Revenues- Advantages: $186.90 million in comparison with the $184.52 million common estimate based mostly on 5 analysts. The reported quantity represents a change of +4.9% yr over yr.
- Revenues- Mobility: $345.20 million versus the five-analyst common estimate of $331.94 million. The reported quantity represents a year-over-year change of -1.4%.
- Revenues- Advantages- Fee processing: $21.20 million versus the three-analyst common estimate of $21.36 million. The reported quantity represents a year-over-year change of +6%.
- Revenues- Advantages- Account servicing: $109.70 million versus the three-analyst common estimate of $115.27 million. The reported quantity represents a year-over-year change of -5.4%.
- Revenues- Advantages- Different: $56.10 million versus $44.73 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +32.9% change.
- Revenues- Different: $112.60 million versus $105.11 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +12.4% change.
- Revenues- Fee processing: $270.20 million versus the three-analyst common estimate of $278.26 million. The reported quantity represents a year-over-year change of -13.3%.
View all Key Company Metrics for Wex here>>>
Shares of Wex have returned +3.9% over the previous month versus the Zacks S&P 500 composite’s +1.7% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
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WEX Inc. (WEX) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
