WEX Inc. Reports Third Quarter 2019 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
UPDATE: Wex, Inc. (WEX) Reports In-Line Q3 EPS; Provides Q4 & FY19 EPS/Revenue Outlook
October 31, 2019 6:49 AM EDT(Updated - October 31, 2019 6:51 AM EDT)
Wex, Inc. (NYSE: WEX) reported Q3 EPS of $2.59, in-line with the analyst estimate of $2.59. Revenue for the quarter came in at $460 million versus the consensus estimate of $460.29 million.
Third Quarter 2019 Performance Metrics
Average number of vehicles serviced was approximately 14.3 million, an increase of 22% from the third quarter of 2018.Total fuel transactions processed increased 14% from the third quarter of 2018 to 162.2 million. Payment processing transactions increased 15% to 135.2 million.U.S. retail fuel price decreased 8% to $2.80 per gallon from... More