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WEX Inc. (NYSE:WEX ) Q1 2025 Results Conference Call May 1, 2025 10:00 AM ET Company Participants Steve Elder - Senior Vice President, Investor Relations Melissa Smith - Chair & Chief Executive Officer Jagtar Narula - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Nick Cremo - UBS Dave Koning - Baird Ramsey El-Assal - Barclays Darrin Peller - Wolfe Research Andrew Bauch - Wells Fargo Mihir Bhatia - Bank of America Tien-Tsin Huang - JPMorgan Operator Thank you for standing by. My name is Kayla, and I will be your conference operator today.
While the top- and bottom-line numbers for Wex (WEX) give a sense of how the business performed in the quarter ended March 2025, 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 $3.51 per share, beating the Zacks Consensus Estimate of $3.40 per share. This compares to earnings of $3.46 per share a year ago.
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months ended March 31, 2025. “I am pleased with WEX's Q1 performance and the continued progress we are making against our strategic priorities. WEX's strong financial position and diversified portfolio provide a meaningful buffer against short-term softness in any one sector and position us well to navigate ongoing mac.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
WEX has added a feature that enables fleets with electric vehicles (EVs) to use the WEX Fleet Card at private chargers.
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the introduction of WEX EV Depot. This new feature enables simple, secure, and frictionless charging at private chargers when using the WEX Fleet Card. The newest addition to WEX's comprehensive charging platform - including the existing public charging 'En Route' and ‘At-Home' solutions - makes it the first fleet management business in North Americ.
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced a 10-year extension of its relationship with global fleet solutions provider, Enterprise Fleet Management, an affiliate of Enterprise Mobility. The agreement extends the decades-long partnership with WEX that dates back to 1993. WEX will continue to deliver fuel cards to Enterprise Fleet Management customers upon signup to help them monitor and control fu.
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 first quarter 2025 financial results on Wednesday, April 30, 2025, after market close. The press release and WEX's supplemental materials packet—which includes a summary and discussion of our first quarter performance—will be available that same afternoon through the investor relations section of the WEX website, www.wexinc.com.