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WageWorks (WAGE) Tops Q3 EPS by 6c

November 5, 2015 4:50 PM

WageWorks (NYSE: WAGE) reported Q3 EPS of $0.36, $0.06 better than the analyst estimate of $0.30. Revenue for the quarter came in at $83.2 million versus the consensus estimate of $82.33 million.

"We are very pleased with our strong third quarter performance. Demand for Consumer-Directed Benefits and our multi-product platform continues to increase, as employers focus on controlling their benefits costs and their employees try to manage their rising out of pocket healthcare expenses. This demand has been fueling another record enterprise selling season, an encouraging SMB selling season, and an exciting start to Open Enrollment. In addition, our expanding channel partnerships, carrier relationships and opportunities in private and public exchanges continue to drive our business. As we are executing across our growth strategies, we are well positioned to meet our 2015 objectives," said Joe Jackson, Chief Executive Officer of WageWorks.

For earnings history and earnings-related data on WageWorks (WAGE) click here.

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