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WEX (WEX)
NYSE:WEX
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
3.67Last Year’s EPS
3.91Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: -7.02%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a period of mixed performance for WEX. While the company saw growth in adjusted EPS, customer retention, and benefits segment revenues, challenges in the mobility and corporate payments segments led to a decline in overall revenue. The strategic investments and strong new application volumes indicate potential for future growth, but current economic uncertainties and specific segment challenges weigh on the outlook.Company Guidance
During the WEX First Quarter 2025 Earnings Call, guidance was provided using both GAAP and non-GAAP metrics. Revenue for Q1 was $636.6 million, a 2.5% decline year-over-year, and adjusted net income per diluted share was $3.51, a 1.4% increase. Excluding fluctuations in fuel prices and foreign exchange rates, revenue decreased by 0.8%, and adjusted EPS grew by 5%. The company expects Q2 revenue to be between $640 million and $660 million, with adjusted EPS ranging from $3.60 to $3.80. For the full year, WEX projects revenue between $2.57 billion and $2.63 billion and adjusted EPS from $14.72 to $15.32 per diluted share. The guidance reflects current economic conditions, factoring in macroeconomic impacts such as fuel prices, FX, and interest rates, while maintaining a focus on strategic investments to drive growth.Stable Customer Retention
Despite economic uncertainties, WEX has maintained high customer retention across its segments, indicating trust and value in its offerings.
Increase in Adjusted EPS
Adjusted net income per diluted share was $3.51, an increase of 1.4% compared to the same period last year, and it grew 5% excluding fluctuations in fuel prices and foreign exchange rates.
Benefits Segment Growth
The Benefits segment saw a 4.2% increase in total revenues year-over-year, with HSA accounts growing by 7% in Q1, outperforming the market growth of 5%.
Strong New Application Volumes
Mobility segment's new application volumes outperformed the prior year by 18%, indicating strong demand and effective marketing strategies.
Direct AP Volume Growth
Within the Corporate Payments segment, direct AP volume grew nearly 25% compared to last year, showcasing robust demand for AP automation solutions.
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WEX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 30, 2025 | $130.37 | $121.44 | -6.85% |
| Feb 05, 2025 | $186.78 | $151.93 | -18.66% |
| Oct 24, 2024 | $213.04 | $181.13 | -14.98% |
| Jul 25, 2024 | $178.79 | $172.13 | -3.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does WEX (WEX) report earnings?
WEX (WEX) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is WEX (WEX) earnings time?
WEX (WEX) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WEX EPS forecast?
WEX EPS forecast for the fiscal quarter 2025 (Q2) is 3.67.
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