earnings
confidence high
sentiment neutral
materiality 0.60
WEX Q4 revenue down 4% YoY to $637M; full year adj EPS up 3% to $15.28
WEX Inc.
2024-FY EPS reported
$7.50
revenue$2,628,100,000
- Q4 GAAP EPS $1.60 vs $1.98 YoY; adjusted EPS $3.57 vs $3.82; revenue $636.5M (-4% YoY).
- Full year 2024 revenue $2.63B (+3%); adjusted net income per diluted share $15.28 (+3%).
- Q4 total volume down 6% to $53B; Corporate Payments purchase volume fell 27% to $16.5B.
- Q4 share repurchases 773k shares for $106M; full year 3.3M shares for $650M.
- Q1 2025 guidance: revenue $625-640M; adj net income $3.35-3.50 per share. FY2025: rev $2.60-2.66B, adj EPS $14.65-15.25.