Wex Posts Q2 EPS Beat as Revenue Slips

Wex (NYSE:WEX), a global provider of payment processing and business solutions across sectors such as fleet, benefits, and corporate payments, reported earnings on July 23, 2025. Wex beat analyst expectations, with adjusted EPS exceeding internal guidance. Adjusted earnings per share (non-GAAP) reached $3.95, compared to the $3.71 consensus, while total revenue (GAAP) was $659.6 million, topping the $649.6 million estimate. However, total revenue decreased 2% compared to the prior year, while margin contraction was evident. The quarter reflected both resilience in certain segments, especially Benefits, and ongoing volume and margin pressures in others. Overall, the results showed operational discipline but signaled caution in ongoing business trends. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Wex operates as a business-to-business (B2B) financial technology company. Its core services include payment processing for fleet operations, corporate expense management, and cloud-based benefits administration. The company delivers payment solutions, data-driven insights, and technology infrastructure for customers in transportation, healthcare, and business services.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool