WEX's Stock Gains 6.9% Despite Missing Q4 Earnings Estimates

WEX Inc. (WEX) delivered mixed fourth-quarter 2023 results wherein earnings missed the Zacks Consensus Estimate while revenues surpassed the mark.The company’s shares increased 6.9% despite missing the fourth-quarter earning estimate.Adjusted earnings (excluding $1.16 from non-recurring items) of $3.14 per share missed the Zacks Consensus Estimate by 4.6% but improved 3.3% year over year. Total revenues of $663.3 million outpaced the consensus estimate by 1% and increased 7.2% year over year.Quarterly Detai ...