WEX (WEX) Projected to Post Quarterly Earnings on Wednesday

WEX (NYSE:WEX) will likely be issuing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect WEX to post earnings of $5.08 per share and revenue of $740.3720 million for the quarter. WEX has set its FY 2026 guidance at 18.950-19.550 EPS and its Q2 2026 guidance at 4.930-5.130 EPS. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

WEX (NYSE:WEX) last announced its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.15 EPS for the quarter, beating the consensus estimate of $3.92 by $0.23. The firm had revenue of $673.80 million during the quarter, compared to the consensus estimate of $660.96 million. WEX had a net margin of 11.50% and a return on equity of 42.66%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the firm earned $3.51 EPS. On average, analysts expect WEX to post $17 EPS for the current fiscal year and $18 EPS for the next fiscal year.

WEX Stock Down 0.5%

WEX opened at $163.44 on Tuesday. The firm has a market capitalization of $5.67 billion, a P/E ratio of 18.34, a price-to-earnings-growth ratio of 1.01 and a beta of 0.85. WEX has a one year low of $125.29 and a one year high of $186.85. The company has a fifty day moving average price of $144.02 and a 200-day moving average price of $152.28. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.05 and a quick ratio of 1.05.

WEX declared that its Board of Directors has authorized a share repurchase program on Thursday, May 14th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to purchase up to 21.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages have recently commented on WEX. Wall Street Zen lowered WEX from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. Cantor Fitzgerald decreased their price target on shares of WEX from $173.00 to $152.00 and set a “neutral” rating on the stock in a report on Monday, June 29th. Deutsche Bank Aktiengesellschaft cut their target price on shares of WEX from $180.00 to $160.00 and set a “hold” rating for the company in a research report on Friday, June 12th. Loop Capital initiated coverage on WEX in a research note on Monday, April 27th. They issued a “buy” rating and a $195.00 target price for the company. Finally, Weiss Ratings upgraded shares of WEX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 9th. Four research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $172.30.

Insider Buying and Selling

In related news, Director James R. Groch purchased 1,500 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were acquired at an average cost of $142.95 per share, with a total value of $214,425.00. Following the purchase, the director directly owned 17,957 shares of the company’s stock, valued at approximately $2,566,953.15. This trade represents a 9.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Robert Joseph Deshaies sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $148.40, for a total value of $296,800.00. Following the completion of the sale, the chief operating officer owned 20,288 shares of the company’s stock, valued at $3,010,739.20. The trade was a 8.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.40% of the stock is owned by insiders.

Institutional Investors Weigh In On WEX

Institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in WEX by 794.0% during the 4th quarter. AQR Capital Management LLC now owns 889,802 shares of the business services provider’s stock valued at $132,563,000 after purchasing an additional 790,271 shares during the last quarter. Turtle Creek Asset Management Inc. bought a new stake in shares of WEX in the 3rd quarter worth approximately $93,289,000. Par Capital Management Inc. grew its position in shares of WEX by 21.6% in the 4th quarter. Par Capital Management Inc. now owns 2,252,000 shares of the business services provider’s stock worth $335,503,000 after buying an additional 400,500 shares during the last quarter. New South Capital Management Inc. increased its stake in shares of WEX by 627.0% during the fourth quarter. New South Capital Management Inc. now owns 268,023 shares of the business services provider’s stock valued at $39,930,000 after buying an additional 231,158 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of WEX by 158.3% during the first quarter. Goldman Sachs Group Inc. now owns 350,892 shares of the business services provider’s stock valued at $55,097,000 after buying an additional 215,036 shares during the period. Hedge funds and other institutional investors own 97.47% of the company’s stock.

About WEX

WEX Inc is a global financial technology company specializing in business payment solutions for fleet, travel, and corporate payments. The company delivers software-driven platforms and card-based services that help businesses automate payment processes, manage expenses and improve operational efficiency across a range of industries, including transportation, healthcare and government.

Founded in 1983 as Wright Express in Portland, Maine, the company began by offering fuel card services to trucking fleets.