From Financial Modeling Prep: 2024-10-23 04:00:03

WEX Inc. (NYSE: WEX) is set to announce its third-quarter earnings, with analysts predicting an EPS of $4.43, a 9.4% increase from last year, and revenue of $690 million, a 6% growth. Despite a slight EPS revision, financial metrics like a P/E ratio of 35.81 and debt-to-equity ratio of 2.36 reflect investor confidence.

Investors are watching for management’s insights during the earnings call to gauge stock price movements. WEX’s P/E ratio of 35.81 and price-to-sales ratio of 3.29 indicate strong investor confidence in the company’s growth potential. The enterprise value to sales ratio of 4.21 and enterprise value to operating cash flow ratio of 17.04 provide further valuation insights.

With a debt-to-equity ratio of 2.36, WEX has more debt than equity, but a current ratio of 1.03 suggests stable liquidity. The upcoming earnings report and conference call will offer more clarity on WEX’s financial health and future prospects. Investors will be looking for updates on earnings projections and sustainability.



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