WEX (WEX) to Release Quarterly Earnings on Wednesday

WEX (NYSE:WEX) is anticipated to issue its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $3.92 per share and revenue of $660.9620 million for the quarter. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 23, 2026 at 10:00 AM ET.

WEX (NYSE:WEX) last released its quarterly earnings data on Wednesday, February 4th. The business services provider reported $4.11 earnings per share for the quarter, beating the consensus estimate of $3.90 by $0.21. The firm had revenue of $672.90 million for the quarter, compared to analyst estimates of $660.89 million. WEX had a net margin of 11.43% and a return on equity of 48.01%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.57 EPS. On average, analysts expect WEX to post $16 EPS for the current fiscal year and $17 EPS for the next fiscal year.

WEX Stock Up 2.1%

WEX stock opened at $177.13 on Tuesday. The firm has a market cap of $6.14 billion, a PE ratio of 20.84, a P/E/G ratio of 1.29 and a beta of 0.93. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.05 and a current ratio of 1.05. The firm’s 50 day moving average price is $158.38 and its two-hundred day moving average price is $154.26. WEX has a twelve month low of $118.67 and a twelve month high of $180.71.

Insider Activity at WEX

In other news, COO Carlos Carriedo sold 1,575 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $159.90, for a total transaction of $251,842.50. Following the transaction, the chief operating officer owned 3,695 shares in the company, valued at $590,830.50. This represents a 29.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Sara Trickett sold 1,815 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $149.95, for a total transaction of $272,159.25. Following the transaction, the insider owned 2,137 shares in the company, valued at approximately $320,443.15. This trade represents a 45.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,479 shares of company stock worth $2,454,914 over the last quarter. 1.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Los Angeles Capital Management LLC acquired a new position in shares of WEX during the 4th quarter worth $25,000. Caitong International Asset Management Co. Ltd increased its stake in shares of WEX by 368.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 220 shares of the business services provider’s stock worth $35,000 after purchasing an additional 173 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of WEX by 4,837.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 395 shares of the business services provider’s stock worth $58,000 after purchasing an additional 387 shares during the last quarter. Danske Bank A S acquired a new position in shares of WEX during the 3rd quarter worth $79,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of WEX during the 4th quarter worth $80,000. Institutional investors and hedge funds own 97.47% of the company’s stock.

Analysts Set New Price Targets

WEX has been the topic of several research reports. JPMorgan Chase & Co. dropped their price objective on shares of WEX from $175.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Morgan Stanley set a $146.00 target price on WEX in a research report on Friday, February 6th. UBS Group set a $165.00 price target on WEX and gave the stock a “neutral” rating in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of WEX in a research note on Wednesday, January 21st. Finally, Wall Street Zen raised WEX from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. Three equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat.com, WEX currently has a consensus rating of “Hold” and an average price target of $162.27.

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.