secwatch.observer — SEC 8-K summary
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Issuer:     WEX Inc. (WEX)
CIK:        0001309108
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001157523-24-000192
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309108/000115752324000192/0001157523-24-000192-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309108/000115752324000192/a53893222.htm
  HTML page:      https://secwatch.observer/filing/0001157523-24-000192

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer