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PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced it will report fourth quarter and full year 2024 financial results on Wednesday, February 5, 2025, after market close. The press release and WEX's newly-introduced supplemental materials packet—which includes a summary and discussion of our fourth quarter performance—will be available that same afternoon through the investor relations section o.
Shares have sold off following the company's weak Q3 results and guidance. Lower fuel prices and weaker spending by its commercial customers have contributed to softer revenue growth. Earnings per share growth in FY25 should benefit from modest revenue growth on a stable expense base, along with a much lower share count.
Wex (WEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced it will report third quarter 2024 financial results before the market opens on Thursday, October 24, 2024. From WEX, Melissa Smith, Chair and Chief Executive Officer, and Jagtar Narula, Chief Financial Officer, will host a conference call that morning at 10:00 AM ET to discuss the Company's results. The conference call will be webcast live onli.
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the general availability release of 10-4 by WEX, a free mobile app that provides independent truckers and small trucking companies in the U.S. with fuel discounts typically reserved for larger trucking enterprises. This increases WEX's total addressable market in its Mobility segment by expanding its diesel product offerings to sole proprietors and.
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PORTLAND, Maine--(BUSINESS WIRE)--A new study by Frost & Sullivan commissioned by WEX (NYSE: WEX), the global commerce platform simplifying the business of running a business, reveals that mixed-energy fleets are projected to increase given anticipated commercial EV adoption rates. According to the study, 80% of mixed-energy fleet operators intend for at least 25% of their fleets to be comprised of electric vehicles (EVs) by 2030 and 42% stated that half or more of their fleet would be comp.
WEX benefits from its acquisitions, vast fuel network, transaction volume growth and new partnerships that provide a competitive edge.
WEX celebrates World EV Day by welcoming Blink Charging and another brand to its expanding EV Network in the US. These new additions bring WEX's total network to approximately 130,000 public chargers nationwide.
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