WEX Q2 revenue up 8% to $673.5M; adjusted EPS $3.91 beats guidance, FY outlook trimmed

WEX Inc.

2024-Q2 EPS reported $3.38 revenue$1,326,100,000

Q2 revenue $673.5M (+8% YoY); GAAP net income $77.0M ($1.83/diluted) vs $95.3M ($2.20) prior year.
Adjusted net income $164.0M ($3.91/diluted) up 8% from $159.3M ($3.63) YoY.
Benefits segment revenue grew 13% YoY; Mobility growth accelerated but offset by travel environment headwinds.
Repurchased ~$100M in Q2 and $70M in July; plans $300M accelerated share repurchase soon.
Full-year 2024 revenue guidance revised to $2.68B-$2.72B; adjusted EPS guidance $15.98-$16.38 per share.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.