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WEX Q2 Adjusted EPS Rise, Revenue Declines; Full Year Outlook Updated
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WEX Q2 Adjusted EPS Rise, Revenue Declines; Full Year Outlook Updated
Jul 23, 2025 2:35 PM

05:24 PM EDT, 07/23/2025 (MT Newswires) -- WEX (WEX) reported Q2 adjusted earnings late Wednesday of $3.95 per diluted share, up from $3.91 a year earlier.

Analysts polled by FactSet expected $3.71.

Total revenue for the quarter ended June 30 was $659.6 million, down from $673.5 million a year earlier.

Analysts surveyed by FactSet expected $649.6 million.

For Q3, the company said it expects adjusted earnings of $4.30 to $4.50 per diluted share on revenue of $669 million to $689 million. Analysts surveyed by FactSet expect EPS of $4.14 on revenue of $665 million.

WEX said it now expects full-year adjusted earnings of $15.37 to $15.77 per diluted share, up from $14.72 to $15.32 previously. Analysts surveyed by FactSet expect $15.14.

Full-year revenue is forecast at $2.61 billion to $2.65 billion, up from the prior outlook of $2.57 billion to $2.63 billion. Analysts expect $2.61 billion.

Shares of WEX were up more than 6% in after-hours activity.

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