WEX Q4 revenue $663M (+7%); adj. EPS $3.82 (+11%); FY24 guidance $15.90-16.40

WEX Inc.

2023-FY EPS reported $6.16 revenue$2,548,000,000

Q4 revenue $663M (+7%), GAAP EPS $1.98, adj. EPS $3.82 (+11% YoY).
Benefits segment revenue up 27%, Corporate Payments up 22%; Mobility transactions down 1%.
FY23 revenue $2.55B (+8%), adj. EPS $14.81 (+9.4%), adj. FCF $517M.
Q1 2024 guide: rev. $650-660M, adj. EPS $3.40-$3.50.
FY 2024 guide: rev. $2.70-2.74B, adj. EPS $15.90-16.40; assumes $3.55/gal fuel.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.4

WEX Inc. reported financial results for the three months and year ended December 31, 2023.

Period: the three months and year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 8, 2024, WEX Inc. (the “Company”) issued a news release announcing its fourth-quarter and full year 2023 results

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WEX Inc. filing history →

Source: SEC EDGAR

accession 0001157523-24-000192

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