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Wex Inc

WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. WEX Inc. was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is headquartered in Portland, Maine.

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News & notes moving WEX
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WEX Shares Rise 15.4% Since Q2 Earnings Beat

WEX shares have climbed 15.4% since the company reported second-quarter 2026 results that beat Zacks Consensus Estimates on both earnings and revenue. Adjusted earnings were $5.35 per share, up 35.4% year over year and 5.3% above estimates, while revenue rose 14.2% to $753.5 million. The company raised its full-year 2026 revenue guidance to $2.86 billion to $2.90 billion and adjusted earnings guidance to $19.68 to $20.08 per share. WEX also repurchased about $60 million of shares during the quarter and said most adjusted free cash flow will go toward buybacks in the near term.
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Zacks Investment Research·5dRead more ▾
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WEX to Report Earnings Amid 12.1% Revenue Growth Expectations

Payment solutions provider WEX is set to report earnings this Wednesday afternoon. Analysts expect revenue to grow 12.1% year on year, a reversal from the 2.1% decline in the same quarter last year. The company met revenue expectations last quarter with $673.8 million, up 5.8% year on year, and delivered a strong beat on EBITDA estimates. WEX has missed Wall Street revenue estimates multiple times over the past two years, though analyst estimates have been largely reconfirmed in the last 30 days. Shares of WEX have risen 25.8% over the past month, outpacing the 6.2% average gain for financial services stocks.
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Yahoo Finance·37dRead more ▾
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WEX leans on fleet solutions and buybacks as high debt and fuel volatility weigh

WEX is leaning on strategic fleet management initiatives and acquisitions to drive growth, while elevated debt and fuel price swings remain key concerns. The company launched the WEX Electric Vehicle Depot, extended a long-term contract with Enterprise Fleet Management, and expanded partnerships with Circle K, alongside the 2024 acquisition of Sawatch Labs to bolster EV analytics. Share repurchases reached $303.4 million in 2023, $652 million in 2024, and $800 million in 2025, though the firm carries a debt-to-total-capital ratio of 73.9% as of the first quarter of 2026, well above the industry average of 46.4%. First-quarter 2026 earnings per share came in at $4.15, beating estimates by 3.8% and rising 18.2% year over year, on revenues of $673.8 million that edged past consensus by 0.9% and grew 5.8% from the prior-year period.
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Zacks Investment Research·62dRead more ▾
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Three Financial Stocks Showing Warning Signs

Capital One, WEX, and Western Union are flagged as financial stocks with warning signs. Capital One's annual earnings per share growth of 4.6% lagged its revenue growth over the last five years, and its 1.4% annual tangible book value per share increase over two years fell short of peers, reflecting low return on equity. WEX posted muted 2.1% annual revenue growth over two years and 6% annual EPS growth, trailing its peer group. Western Union saw revenue decline 2.8% annually over five years and EPS dip 3.2% annually over the same period.
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Yahoo Finance·62dRead more ▾
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TFS Financial and WEX launch equipment financing program as trucking industry rebounds

TFS Financial and WEX have launched a new equipment financing program for North American trucking fleets. The program, called Equipment Financing Powered by TFS, gives WEX Over-the-Road customers access to TFS' multi-lender platform, which uses a proprietary Match Engine Technology with over 70 lending partners to connect carriers with financing based on credit profile, asset type, and loan terms. The launch comes as many fleets that delayed purchases during the prolonged freight recession are returning to the market, with TFS President Aaron Case noting that fleet confidence has skyrocketed in the last eight weeks. The financing can cover Class 8 tractors, trailers, light-duty trucks, and mixed fleets for companies of all sizes, from owner-operators to large carriers.
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FreightWaves·65dRead more ▾
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StockStory highlights Coca-Cola and Paymentus as profitable picks, flags WEX as a sell

StockStory identified two profitable stocks with competitive advantages and one facing headwinds. Coca-Cola, with a trailing 12-month GAAP operating margin of 29.3%, boasts a best-in-class gross margin of 61.4% and saw its free cash flow margin jump by 27.5 percentage points over the last year. Paymentus delivered annual revenue growth of 40.2% over the last two years and earnings per share growth of 51% annually, indicating highly profitable incremental sales. In contrast, WEX posted annual revenue growth of just 2.1% over the last two years and earnings per share growth of only 6% annually, falling short of peer group averages.
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