WEX beats Q4 adjusted EPS estimates

WEX

04/02/2026 21:37

Overview

Global commerce platform's Q4 revenue rose 5.7%, driven by Benefits and Corporate Payments

Adjusted EPS for Q4 beat analyst expectations

Revenue increase included favorable impact from fuel prices and foreign exchange rates

Outlook

WEX expects Q1 2026 revenue between $650 mln and $670 mln

Company anticipates full-year 2026 revenue between $2.70 bln and $2.76 bln

WEX projects full-year 2026 adjusted EPS between $17.25 and $17.85

Result Drivers

BENEFITS SEGMENT - Revenue increased 9.6% due to growth in SaaS accounts and HSA custodial cash assets

CORPORATE PAYMENTS - Revenue rose 17.8% driven by increased purchase volume and total volume processed

FUEL AND FX IMPACT - Revenue increase included favorable impacts from fuel prices and foreign exchange rates

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Beat
$4.11
$3.92 (13 Analysts)
Q4 Net Income
$84.30 mln
Q4 Operating Income
$166.30 mln
Q4 Pretax Profit
$110 mln
Q4 Provision for Credit Losses
$20.60 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy."

Wall Street's median 12-month price target for WEX Inc is $172.00, about 19.2% above its February 3 closing price of $144.28

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBw83ktfha

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)