WEX Stock Recent News

A quick look at the top headlines that could move markets and individual stocks today.

WEX's second-quarter 2024 top line increases y/y due to improved segmental performances.

CNBC's Frank Holland discusses the top market stories for the day.

Global commerce platform WEX is looking to artificial intelligence (AI) and commercial electric vehicles (EVs) as opportunities for growth after reporting record quarterly revenue.

While the top- and bottom-line numbers for Wex (WEX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Wex (WEX) came out with quarterly earnings of $3.91 per share, beating the Zacks Consensus Estimate of $3.80 per share. This compares to earnings of $3.63 per share a year ago.

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 (NYSE: WEX), the global commerce platform that simplifies the business of running a business, has obtained a preliminary injunction to stop the infringing conduct of HP Inc. and Hewlett-Packard Development Company, L.P. (collectively, “HP”) and to protect the WEX brand. Despite WEX's decades of use of the WEX name, in March 2024, HP announced the launch of its own "WEX," a misappropriation of WEX's trademarks. WEX filed a federal lawsuit against HP on April.

WEX is benefitting from sales force productivity, deep client information and the Payzer buyout despite decreasing liquidity.

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.