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Recap: WEX Q2 Earnings

  WEX (NYSE:WEX) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:30 AM. Here's what investors need to know about the announcement. Earnings WEX beat estimated earnings by 8.16%, reporting an EPS of $3.71 versus an estimate of $3.43.

Benzinga · 07/28/2022 07:46

 

WEX (NYSE:WEX) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:30 AM.

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

Earnings

WEX beat estimated earnings by 8.16%, reporting an EPS of $3.71 versus an estimate of $3.43.

Revenue was up $138.75 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.19 which was followed by a 0.21% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.69 2.45 2.27 1.95
EPS Actual 2.88 2.58 2.45 2.31
Revenue Estimate 507.08M 484.57M 475.28M 436.07M
Revenue Actual 517.53M 497.54M 482.76M 459.48M

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.