WEX, Inc. engages in the provision of payment processing and information management solutions. It operates through the following segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment provides payment and transaction processing services for the needs of commercial and government fleets. The Travel and Corporate Solutions segment focuses on the payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment, and transaction monitoring needs. The Health and Employee Benefit Solutions segment involves healthcare payment products and SaaS consumer directed platforms, as well as payroll related benefits to customers. The company was founded by Parker Poole III and William Richardson in 1983 and is headquartered in Portland, ME.

Earnings data Q2 2023

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PORTLAND, Maine--(BUSINESS WIRE)--WEX will host its previously announced Benefits Investor Event today beginning at 3:30 p.m. ET.

WEX to Host Benefits Investor Event Today

Continued organic growth and stable revenue generation ability are tailwinds for WEX.

WEX Banks on Sustained Demand for Services and Organic Growth

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair, Chief Executive Officer and President, Melissa Smith, will present at the William Blair Growth Stock Conference on Tuesday, June 6, 2023, at approximately 11:40 AM ET. A webcast of the presentation will be available live on the Investor Relations section of the Company's website, http://ir.wexinc.com, or through the following ad.

WEX to Present at the William Blair Growth Stock Conference

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Ongoing digitization, an active M&A strategy and optimism surrounding cross-border travel might drive the Financial Transaction Services space. Stocks like V, MA, FISV, FLT and WEX are poised to benefit from the favorable industry trends.

5 Financial Transaction Stocks to Watch as Digitization Gains Pace

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced it will host a Benefits Investor Event on Thursday, June 1, 2023, to provide an in-depth review of this segment, including the product set, growth drivers, and financial profile. The event will begin at 3:30 p.m. ET and conclude at approximately 4:30 p.m. ET. The event will feature remarks from the following members of the WEX leadership team: Melis.

WEX to Host Benefits Investor Event on June 1

WEX's first-quarter 2023 revenues benefit from segmental strength.

WEX Q1 Earnings and Revenues Beat Estimates, Increase Y/Y

Wex (WEX) came out with quarterly earnings of $3.31 per share, beating the Zacks Consensus Estimate of $3.20 per share. This compares to earnings of $2.88 per share a year ago.

Wex (WEX) Q1 Earnings and Revenues Beat Estimates

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, 2023. “We reported strong results in the first quarter, exceeding our expectations for revenue and adjusted net income attributable to shareholders, with strength across our ecosystem of solutions,” said Melissa Smith, WEX's Chair, Chief Executive Officer, and President. Ms. Smith added, “We cont.

WEX Inc. Reports First Quarter 2023 Financial Results

WEX's first-quarter 2023 revenues are expected to have benefited from segmental strength.

WEX Gears Up to Release Q1 Earnings: Here's What to Expect

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.

Wex (WEX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

SAN DIEGO--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, has recognized 16 companies and business leaders with the 2022 WEX Community Awards and inducted 26 companies into the WEX Circle of Excellence. The awards and induction honor unparalleled partnership in making it easy for companies to overcome complexity and reach their full potential.

WEX Honors 16 Companies and Executives with WEX Community Awards and Inducts 26 Into WEX Circle of Excellence

PORTLAND, Maine--(BUSINESS WIRE)--Across corporate America there's a significant disconnect on the risks facing businesses. New research from WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, and Ipsos finds that when it comes to the challenges posed by inefficient processes, just 42% of C-Suite leaders see them as a problem compared to 61% of senior managers, a group that includes vice presidents, senior vice presidents, and senior executives.

Survey Reveals Nearly 20 Point Gap Between C-Suite and Senior Managers on Threat of Business Inefficiencies

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 2023 financial results before the market opens on Thursday, April 27, 2023. From WEX, Melissa Smith, Chair, Chief Executive Officer and President, and Jagtar Narula, Chief Financial Officer, will host a conference call that morning at 10:00 AM ET to discuss the Company's results.

WEX Inc. to Release First Quarter 2023 Financial Results on April 27, 2023

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, will convene more than 1,000 business decision makers in San Diego on April 17-19 for WEX SPARK 2023. The annual learning and networking event will focus on new technologies and emerging industry trends meant to simplify payments, fleet management, and benefits administration and help fuel business growth.

WEX SPARK 2023 to Gather Business Decision Makers for Expert Commentary and Opportunities to Fuel Business Growth

WEX seems to be benefiting from strong demand for its payment processing, account servicing and transaction processing services. High liquidity is a concern.

Here's Why WEX Deserves to be Retained in Your Portfolio

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chief Financial Officer, Jagtar Narula, will present at the Wolfe FinTech Forum on Tuesday, March 14, 2023, at approximately 4:00 PM ET. A webcast of the presentation will be available live on the Investor Relations section of the Company's website, http://ir.wexinc.com, or through the following address: https://wsw.

WEX to Present at the Wolfe FinTech Forum

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair, Chief Executive Officer and President, Melissa Smith, will present at the Raymond James 44th Annual Institutional Investors Conference on Tuesday, March 7, 2023, at approximately 3:25 PM ET. A webcast of the presentation will be available live on the Investor Relations section of the Company's website, http://ir.wexinc.

WEX to Present at the Raymond James 44th Annual Institutional Investors Conference

WEX's fourth-quarter 2022 revenues benefit from segmental strength.

WEX Q4 Earnings and Revenues Beat Estimates, Increase Y/Y

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chief Strategy Officer, Jay Dearborn, will present at the 7th Annual Evercore ISI Payments & Fintech Innovators Forum on Thursday, March 2, 2023, at approximately 12:30 PM ET. A webcast of the presentation will be available live on the Investor Relations section of the Company's website, http://ir.wexinc.

WEX to Present at the 7th Annual Evercore ISI Payments & Fintech Innovators Forum

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair, Chief Executive Officer and President, Melissa Smith, will present at the KBW Fintech Payments Conference on Wednesday, March 1, 2023, at approximately 8:00 AM ET. A webcast of the presentation will be available live on the Investor Relations section of the Company's website, http://ir.wexinc.

WEX to Present at the KBW Fintech Payments Conference

WEX Inc. (NYSE:WEX ) Q4 2022 Earnings Conference Call February 9, 2023 10:00 AM ET Company Participants Steve Elder - SVP, Global IR Melissa Smith - Chairman and CEO Jagtar Narula - CFO Conference Call Participants Mihir Bhatia - Bank of America Merrill Lynch Nik Cremo - Credit Suisse Ramsey El-Assal - Barclays Trevor Williams - Jefferies Bob Napoli - William Blair David Koning - Baird Andrew Jeffrey - Truist Securities Ken Suchoski - Autonomous Research James Faucette - Morgan Stanley Darrin Peller - Wolfe Research Jeff Cantwell - Wells Fargo Operator Good morning. My name is David, and I'll be your conference operator today.

WEX Inc. (WEX) Q4 2022 Earnings Call Transcript

Wex (WEX) delivered earnings and revenue surprises of 7.17% and 7.44%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Wex (WEX) Surpasses Q4 Earnings and Revenue Estimates

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months and year ended December 31, 2022. Fourth Quarter and Full Year 2022 Financial Results Total revenue for the fourth quarter of 2022 increased 24% to $618.6 million from $497.5 million for the fourth quarter of 2021. The $121.1 million increase in revenue in the quarter includes a net $34.

WEX Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

Management has raised WEX's guidance targets leading into Q4. Strong Q3 financial performance shapes a financially sound competitive positioning.

WEX: Still Resistant To Monetary Tightening

Owing to increasing segmental revenue generation, WEX is likely to outperform estimates.

News for WEX Stock (WEX)