WEX (WEX) Projected to Announce Earnings on Wednesday

WEX (NYSE:WEX) is anticipated to issue its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company 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. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

WEX (NYSE:WEX) last issued its quarterly earnings data 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 company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.51 earnings per share. On average, analysts expect WEX to post $17 EPS for the current fiscal year and $18 EPS for the next fiscal year.

WEX Stock Up 0.4%

NYSE WEX opened at $164.90 on Monday. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $5.72 billion, a PE ratio of 18.51, a PEG ratio of 1.01 and a beta of 0.85. WEX has a 1 year low of $125.29 and a 1 year high of $186.85. The business’s 50-day moving average is $143.56 and its 200 day moving average is $152.19.

WEX announced that its board has authorized a stock repurchase program on Thursday, May 14th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the business services provider to reacquire up to 21.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Insider Activity at WEX

In other news, Director James R. Groch purchased 1,500 shares of WEX stock in a transaction that occurred on Monday, May 18th. The shares were bought at an average cost of $142.95 per share, with a total value of $214,425.00. Following the completion of the purchase, the director directly owned 17,957 shares in the company, valued at approximately $2,566,953.15. This trade represents a 9.11% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Robert Joseph Deshaies sold 2,000 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $148.40, for a total value of $296,800.00. Following the completion of the transaction, the chief operating officer owned 20,288 shares of the company’s stock, valued at approximately $3,010,739.20. This trade represents 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 currently owned by corporate insiders.

Institutional Trading of WEX

A number of hedge funds have recently modified their holdings of WEX. Invesco Ltd. grew its position in shares of WEX by 14.1% in the 4th quarter. Invesco Ltd. now owns 85,418 shares of the business services provider’s stock worth $12,726,000 after buying an additional 10,537 shares during the period. Corient Private Wealth LLC lifted its position in WEX by 326.4% during the 4th quarter. Corient Private Wealth LLC now owns 36,191 shares of the business services provider’s stock valued at $5,392,000 after acquiring an additional 27,703 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in WEX by 399.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,214 shares of the business services provider’s stock worth $1,820,000 after acquiring an additional 9,768 shares in the last quarter. Vident Advisory LLC grew its holdings in WEX by 12.5% in the fourth quarter. Vident Advisory LLC now owns 5,884 shares of the business services provider’s stock worth $877,000 after purchasing an additional 656 shares during the period. Finally, EP Wealth Advisors LLC purchased a new stake in WEX in the fourth quarter worth about $234,000. Institutional investors own 97.47% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WEX shares. Deutsche Bank Aktiengesellschaft reduced their target price on WEX from $180.00 to $160.00 and set a “hold” rating on the stock in a research note on Friday, June 12th. Weiss Ratings raised WEX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 9th. Morgan Stanley lifted their price target on shares of WEX from $146.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. Cantor Fitzgerald reduced their price objective on shares of WEX from $173.00 to $152.00 and set a “neutral” rating on the stock in a research report on Monday, June 29th. Finally, Wall Street Zen lowered shares of WEX from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. Four analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, WEX has a consensus rating of “Hold” and a consensus price target of $172.30.

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.