WEX (NYSE:WEX) reported earnings of $2.09 per share beating Walls Streets expectations.

ME Staff
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WEX (NYSE:WEX) reported Q2 2018 earnings this Morning, coming in at $2.09 per share, beating Wall Street’s estimates of $2.05 per Share. Revenue for the quarter came in at $370.88 million beating analyst estimates of $366.21 million

Recent Insider Trading for WEX (NYSE:WEX)

  • On 3/1/2018 Nicola S Morris, Insider, sold 2,700 with an average share price of $149.47 per share and the total transaction amounting to $403,569.00.
  • On 11/30/2017 Scott Robert Phillips, Insider, sold 20,000 with an average share price of $127.68 per share and the total transaction amounting to $2,553,600.00.
  • On 11/15/2017 James Neary, Director, sold 177,207 with an average share price of $120.00 per share and the total transaction amounting to $21,264,840.00.
  • On 11/9/2017 Melissa D Smith, CEO, sold 3,329 with an average share price of $125.00 per share and the total transaction amounting to $416,125.00.
  • On 11/1/2017 Melissa D Smith, CEO, sold 5 with an average share price of $125.00 per share and the total transaction amounting to $625.00.
  • On 10/12/2017 Melissa D Smith, CEO, sold 3,333 with an average share price of $120.00 per share and the total transaction amounting to $399,960.00.



    About Company
    WEX Inc. provides corporate card payment solutions in North and South America, the Asia Pacific, and Europe. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment and processing services. Its services include customer, account activation, and account retention services; authorization and billing inquiries, and account maintenance services; premium fleet services; credit and collections services; and merchant services. This segment markets its products directly to commercial and government vehicle fleet customers with small, medium, and large fleets, as well as with over-the-road and long haul fleets; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment processing solutions for corporate payment and transaction monitoring needs. Its products include virtual cards that are used for transactions where no card is presented and that require pre-authorization; and prepaid and gift card products that enables secure payment and financial management solutions with single card options, access to open or closed loop redemption, load limits, and with various expirations. This segment markets its products directly to commercial and government organizations. The Health and Employee Benefit Solutions segment offers healthcare payment products and software-as-a-service consumer directed platforms for healthcare market, as well as payroll related and employee benefit products in Brazil. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is headquartered in South Portland, Maine.

    Recent Analyst Rating for WEX (NYSE:WEX)



      Recent Trading for WEX (NYSE:WEX)
      Shares of WEX closed the previous trading session at with 183.94 shares trading hands.