Published on 28 Oct 2021 on Zacks via Yahoo Finance
WEX's Q3 Earnings and Revenues Surpass Estimates, Increase Y/Y
WEX Inc. WEX delivered better-than-expected third-quarter 2021 results.
Adjusted earnings of $2.45 per share surpassed the Zacks Consensus Estimate by 7% and increased more than 54% year over year. Total revenues of $482.8 million surpassed the consensus mark by 1% and increased 26% year over year.
WEX’s shares have rallied 46.1% in the past year against 1.9% decline of the industry it belongs to.