Wex, Inc. (WEX) Tops Q2 EPS by 10c, provides guidance

Wex, Inc. (NYSE: WEX) reported Q2 EPS of $3.91, $0.10 better than the analyst estimate of $3.81. Revenue for the quarter came in at $673 million versus the consensus estimate of $679.98 million.

GUIDANCE:

Wex, Inc. sees Q3 2024 EPS of $4.42-$4.52, versus the consensus of $4.45. Wex, Inc. sees Q3 2024 revenue of $688-698 million, versus the consensus of $704.9 million.

For the full year 2024, the Company now expects revenue in the range of $2.68 billion to $2.72 billion, versus the consensus of $2.743 billion. Adjusted net income is now expected to be in the range of $15.98 to $16.38 per diluted share, versus the consensus of $16.27.

For earnings history and earnings-related data on Wex, Inc. (WEX) click here.

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