Wex IncWEX
▲ PositiveCapitalrelevance
Q2 earnings and revenue beat estimates, raised guidance, and announced buybacks.
Impact on stocks 1
Industrials
Wex IncWEX shares have climbed 15.4% since the company reported second-quarter 2026 results that beat Zacks Consensus Estimates on both earnings and revenue. Adjusted earnings were $5.35 per share, up 35.4% year over year and 5.3% above estimates, while revenue rose 14.2% to $753.5 million. The company raised its full-year 2026 revenue guidance to $2.86 billion to $2.90 billion and adjusted earnings guidance to $19.68 to $20.08 per share. WEX also repurchased about $60 million of shares during the quarter and said most adjusted free cash flow will go toward buybacks in the near term.
Wex IncQ2 earnings and revenue beat estimates, raised guidance, and announced buybacks.