Here's What Key Metrics Tell Us About Wex (WEX) Q1 Earnings

For the quarter ended March 2025, Wex (WEX) reported revenue of $636.6 million, down 2.5% over the same period last year. EPS came in at $3.51, compared to $3.46 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $630.4 million, representing a surprise of +0.98%. The company delivered an EPS surprise of +3.24%, with the consensus EPS estimate being $3.40.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Wex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Benefits - Purchase volume: $2.33 billion compared to the $2.19 billion average estimate based on four analysts. Mobility - Payment processing transactions: 134.5 million versus the four-analyst average estimate of 136.53 million. Corporate Payments - Purchase volume: $17.29 billion versus $18.78 billion estimated by four analysts on average. Mobility - Average US fuel price: 3.32 $/gal versus the four-analyst average estimate of 3.29 $/gal. Revenues- Mobility: $333.80 million versus $331.20 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -1.5% change. Revenues- Benefits: $199.30 million versus the five-analyst average estimate of $197.88 million. The reported number represents a year-over-year change of +4.2%. Revenues- Corporate Payments: $103.50 million compared to the $104.85 million average estimate based on five analysts. The reported number represents a change of -15.5% year over year. Revenues- Payment processing: $271.80 million versus the three-analyst average estimate of $274.30 million. The reported number represents a year-over-year change of -10%. Revenues- Account servicing: $179.10 million compared to the $177.13 million average estimate based on three analysts. The reported number represents a change of +3.4% year over year. Revenues- Finance fees: $75.70 million versus the three-analyst average estimate of $67.74 million. The reported number represents a year-over-year change of +7.7%. Revenues- Other: $110 million versus $112.18 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.7% change. Revenues- Benefits- Other: $53.60 million compared to the $54.77 million average estimate based on three analysts. The reported number represents a change of +16.5% year over year. View all Key Company Metrics for Wex here>>>Shares of Wex have returned -18.1% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WEX Inc. (WEX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks