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Wex (WEX) reported $753.5 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 14.2%. EPS of $5.35 for the same period compares to $3.95 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $739.84 million, representing a surprise of +1.85%. The company delivered an EPS surprise of +5.32%, with the consensus EPS estimate being $5.08.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Wex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:- Mobility - Payment processing transactions: 139.3 million versus 138.11 million estimated by five analysts on average.
- Corporate Payments - Purchase volume: $19.76 billion versus the five-analyst average estimate of $21.63 billion.
- Benefits - Purchase volume: $2.19 billion versus the five-analyst average estimate of $2.15 billion.
- Mobility - Average US fuel price: 4.70 $/gal versus the five-analyst average estimate of 4.39 $/gal.
- Revenues- Corporate Payments: $125.1 million versus the six-analyst average estimate of $129.95 million. The reported number represents a year-over-year change of +5.8%.
- Revenues- Benefits: $206 million versus $209.45 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +5.6% change.
- Revenues- Mobility: $422.4 million versus the six-analyst average estimate of $400.27 million. The reported number represents a year-over-year change of +22%.
- Revenues- Corporate Payments- Payment processing: $104.1 million versus $110.9 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +6.6% change.
- Revenues- Mobility- Payment processing: $210.8 million compared to the $197.55 million average estimate based on four analysts. The reported number represents a change of +31.4% year over year.
- Revenues- Benefits- Other: $69 million compared to the $66.9 million average estimate based on four analysts. The reported number represents a change of +20.2% year over year.
- Revenues- Benefits- Payment processing: $29.5 million versus $29.08 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.5% change.
- Revenues- Benefits- Account servicing: $107.4 million versus $113.39 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2.7% change.
View all Key Company Metrics for Wex here>>>
Shares of Wex have returned +23.6% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.This article originally published on Zacks Investment Research (zacks.com).
