WEX Inc. Reports Third Quarter 2016 Financial Results

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Go back to WEX Inc. Reports Third Quarter 2016 Financial Results

Oppenheimer Raises Price Target on Wex, Inc. (WEX) Following 3Q Report

October 28, 2016 9:32 AM EDT

Oppenheimer reiterated an Outperform rating on WEX Inc. (NYSE: WEX), and raised the price target to $120.00 (from $101.00), following the company's 3Q earnings report. Revenue grew ~27% Y/Y to ~$288M. EPS fell 4% Y/Y to $1.25. WEX's increased FY16 guide anticipates revenue of $1.00-1.01B... More

Wex (WEX) Tops Q3 EPS by 12c; Guides Q4, FY16

October 27, 2016 6:48 AM EDT

Wex (NYSE: WEX) reported Q3 EPS of $1.25, $0.12 better than the analyst estimate of $1.13. Revenue for the quarter came in at $287.8 million versus the consensus estimate of $279.86 million.

GUIDANCE:

Wex sees Q4 2016 EPS of $1.20-$1.27, versus the consensus of $1.14. Wex sees Q4... More