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Wright Express profits, stock rise.(Financial report)
Nov. 1--Wright Express' stock shot up Wednesday after the company announced a new business agreement with Citi and earnings that exceeded analysts' expectations.
The South Portland-based company's stock closed at $38.70, up $1.90, or more than 5 percent, for the day.
Wright Express said total revenues grew 10 percent to $87.7 million and adjusted net earnings increased 40 percent for the third quarter compared to the same period last year. Adjusted profit for this year's third quarter was $22.4 million, compared to $16 million for the same time frame in 2006.
On a per-share basis, adjusted earnings were 55 cents a share for the three months ending Sept. 30, compared to 39 cents a share for the period last year.
Analysts ...
- Cendant to sell South Portland, Maine-based charge card issuer Wright Express.
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...By Tux Turkel, Portland Press Herald, Maine Knight Ridder...Business News Nov. 24--Wright Express Corp., a major southern...place in March; the new Wright Express stock will trade on the...core business, and the Wright Express spin-off is part of that...
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...Murphy Apr. 27--Wright Express, the South Portland...immediate acquisitions. Wright Express released its earnings...closed for the day. Wright Express closed at $16.25...more of the Portland Press Herald, or to subscribe...
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- Newspaper article from: Portland Press Herald (Portland, ME) November 8, 2006 700+ words
...those derivatives, Wright Express' net income was up...cents for the quarter. Wright Express said it recorded gains...1.39 a share. Wright Express provides payment processing...more of the Portland Press Herald, or to subscribe to...
- Alabama medical-services exec joins board of Wright Express.
- Newspaper article from: Portland Press Herald (Portland, ME) January 9, 2007 700+ words
...board of directors of Wright Express Corp., the South...diagnostic imaging labs. Wright Express said McTavish has more...transportation industry. Wright Express provides payment processing...more of the Portland Press Herald, or to subscribe to...
- Portland Press Herald, Maine, Edward D. Murphy column.
- Newspaper article from: Portland Press Herald (Portland, ME) February 14, 2006 700+ words
...gone. Spokesmen for Wright Express and Fairchild Semiconductor...discontinuing it. Wright Express became a publicly...more of the Portland Press Herald, or to subscribe...2006, Portland Press Herald, Maine Distributed...
- Portland Press Herald, Maine, Eric Blom column.
- Newspaper article from: Portland Press Herald (Portland, ME) December 23, 2005 700+ words
...been destroyed. The situation caused Wright Express to hit the phones, calling the police...magnitude. To see more of the Portland Press Herald, or to subscribe to the newspaper...com. Copyright (c) 2005, Portland Press Herald, Maine Distributed by Knight Ridder...
- Wright Express Enhances Talent Acquisition with UltiPro Recruitment.
- Press release article from: Business Wire September 26, 2007 700+ words
...management solutions, announced today that Wright Express Corporation (NYSE:WXS), a leading...relationship with Ultimate Software, Wright Express was using an enterprise resource planning...several process-specific modules. Wright Express selected UltiPro to better unify its...
- Wright Express Announces Hosting Agreement with CSC for International Fuel Card...
- Press release article from: Business Wire June 23, 2009 700+ words
...Niels Kristian Nielsen Joins Wright Express International Operations as...international capabilities in 2008, Wright Express (NYSE: WXS) announced an...provide hosting services for the Wright Express International Fleet Card System...