Earnings Summary

Wex Inc.’s revenue jumped 6.65% since last year same period to $652.7Mn in the Q1 2024. On a quarterly growth basis, Wex Inc. has generated -1.6% fall in its revenue since last 3-months.

Wex Inc.’s net profit fell -3.24% since last year same period to $65.8Mn in the Q1 2024. On a quarterly growth basis, Wex Inc. has generated -22.5% fall in its net profits since last 3-months.

Wex Inc.’s net profit margin fell -9.27% since last year same period to 10.08% in the Q1 2024. On a quarterly growth basis, Wex Inc. has generated -21.24% fall in its net profit margins since last 3-months.

Wex Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 29.07.

Wex Inc.’s earning per share (EPS) estimates for the current quarter stand at 3.8 - a 9.2% jump from last quarter’s estimates.

Wex Inc.’s earning per share (EPS) estimates for the current year stand at 3.8.

Wex Inc.’s earning per share (EPS) jumped 4.53% since last year same period to 3.46 in the Q1 2024. This indicates that the Wex Inc. has generated 4.53% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Wex Inc.’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Wex Inc.’s return on equity (ROE) stands at 0.15.