WEX (WEX) Expected to Post Quarterly Earnings on Wednesday

WEX (NYSE:WEX) is projected to announce its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $5.66 per share and revenue of $749.31 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.

WEX (NYSE:WEX) last issued its earnings results on Wednesday, July 22nd. The business services provider reported $5.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.08 by $0.27. The business had revenue of $753.50 million during the quarter, compared to analysts’ expectations of $740.72 million. WEX had a net margin of 12.56% and a return on equity of 43.19%. The business’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the previous year, the company earned $3.95 earnings per share. On average, analysts expect WEX to post $17.26 EPS for the current fiscal year and $18.23 EPS for the next fiscal year.

WEX Stock Up 1.1%

Shares of WEX stock opened at $185.33 on Wednesday. The company has a 50-day simple moving average of $186.70 and a two-hundred day simple moving average of $165.97. The stock has a market capitalization of $6.32 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 0.94 and a beta of 0.84. WEX has a 52-week low of $125.29 and a 52-week high of $203.99. The company has a debt-to-equity ratio of 2.62, a quick ratio of 1.04 and a current ratio of 1.04.

Insiders Place Their Bets

In other news, COO Robert Deshaies sold 2,000 shares of WEX stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $173.56, for a total value of $347,120.00. Following the completion of the sale, the chief operating officer directly owned 17,288 shares in the company, valued at $3,000,505.28. The trade was a 10.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer Kimball sold 1,183 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $176.55, for a total transaction of $208,858.65. Following the transaction, the chief accounting officer directly owned 4,916 shares of the company’s stock, valued at $867,919.80. The trade was a 19.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 40,110 shares of company stock worth $7,551,186 in the last quarter. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on WEX shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of WEX in a report on Thursday, September 24th. Morgan Stanley boosted their price objective on shares of WEX from $161.00 to $172.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Weiss Ratings upgraded shares of WEX from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 7th. Mizuho upped their price objective on WEX from $170.00 to $200.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Finally, Evercore raised WEX to an “outperform” rating in a research report on Tuesday, July 21st. Six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $185.64.

About WEX

WEX Inc (NYSE:WEX) is a financial technology company that provides payment-processing and business-management solutions. Its products are designed to help organizations manage corporate spending, employee benefits and mobility-related expenses through specialized payment accounts, software and data tools.

WEX’s mobility business serves commercial vehicle fleets with fuel cards, fleet-payment programs, expense controls, telematics integrations and related solutions. The company also supports emerging mobility needs, including electric-vehicle charging payments.