Company Overview - Wex shares have increased by approximately 10.7% over the past month, outperforming the S&P 500 [1] - The most recent earnings report is essential for understanding the key drivers of the company's performance [1] Earnings Estimates - Estimates for Wex have trended upward in the past month, indicating positive sentiment among analysts [2][4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the upcoming months [4] VGM Scores - Wex has a poor Growth Score of F, while its Momentum Score is rated B, and its Value Score is also B, placing it in the second quintile for value strategy [3] - The overall aggregate VGM Score for Wex is D, which is relevant for investors not focused on a single strategy [3] Industry Comparison - Wex is part of the Zacks Financial Transaction Services industry, where Visa has seen a 5.8% increase in the past month [5] - Visa reported revenues of $9.59 billion for the last quarter, reflecting a year-over-year growth of 9.3%, with an EPS of $2.76 compared to $2.51 a year ago [5] - For the current quarter, Visa is expected to report earnings of $2.84 per share, indicating a year-over-year change of 17.4% [6]
Why Is Wex (WEX) Up 10.7% Since Last Earnings Report?