WEX (WEX) Company Overview

WEX Inc. (NYSE:WEX) will hold its Q4 2024 Earnings Conference Call on February 6, 2025, at 10:00 AM ET. The call will feature company representatives, including Steve Elder, Melissa Smith, and Jagtar Narula, along with various analysts from different financial firms. The operator will mute all lines to minimize background noise during the call.

Wex (WEX) reported quarterly earnings of $3.57 per share, which is higher than the Zacks Consensus Estimate of $3.54 per share. This is a decrease compared to earnings of $3.82 per share from the same period last year.

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), a global commerce platform that makes business operations easier, has announced its financial results for the last quarter and the year ending December 31, 2024. Melissa Smith, WEX's Chair, CEO, and President, stated, "As we move into 2025, we are confident that our focused investments in product development and sales growth will pave the way for WEX's future success." She added that they expect these efforts to improve their overall performance.

BREDA, Netherlands--(BUSINESS WIRE)--WEX (NYSE: WEX), a global commerce platform that makes business operations easier, has announced the growth of its electric vehicle (EV) charging solution for commercial fleets in Europe. This development is important as companies deal with higher fuel prices and stricter rules to cut carbon emissions. Fleet managers throughout Europe will soon have better access to WEX's all-inclusive EV charging platform.

WEX Inc. (NYSE: WEX), a global commerce platform that makes business operations easier, has announced that it will release its financial results for the fourth quarter and full year of 2024 on Wednesday, February 5, 2025, after the market closes. On the same day, a press release and a new supplemental materials packet summarizing the fourth quarter performance will be accessible in the investor relations section.

Shares have dropped after the company reported disappointing results for the third quarter and gave a cautious outlook. The decline in revenue growth is due to lower fuel prices and reduced spending from commercial clients. However, earnings per share in FY25 are expected to improve slightly because of steady revenue growth and a smaller number of shares.

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), a global platform that makes business operations easier, has announced a new partnership with Qmerit, a company that installs EV chargers. This collaboration aims to simplify the installation of EV chargers for commercial fleet drivers at their homes. Qmerit will offer complete installation and integration services using its network of over 23,000 licensed electricians across the country.

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), a global platform that makes business operations easier, has announced that its Chair and CEO, Melissa Smith, will speak at the UBS Global Technology and AI Conference on Tuesday, December 3, 2024, around 12:50 PM ET. You can watch the presentation live on the Investor Relations page of the company's website, http://ir.wexinc.com, or through the provided link.

In the third quarter of 2024, WEX saw an increase in revenue from its Mobility and Benefit divisions.