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.)