NYSE:WEXDiversified Financial
WEX (WEX) Profit Margins Widen to 11.8%, Reinforcing Bullish Valuation Narratives
WEX (WEX) delivered earnings growth of 24.6% over the past year, building on a substantial 56.1% average annual increase over the past five years. Net profit margins widened to 11.8% from last year’s 9.3%, and current earnings are flagged as high quality. Notably, while earnings are forecast to grow slightly above the broader US market at 16.5% per year, revenue growth is projected at a more modest 5.3% annually, trailing market averages. With the stock currently trading below both estimated...