Here's What Key Metrics Tell Us About Wex (WEX) Q1 Earnings

For the quarter ended March 2025, Wex (WEX) reported revenue of $636.6 million, down 2.5% over the same period last year. EPS came in at $3.51, compared to $3.46 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $630.4 million, representing a surprise of +0.98%. The company delivered an EPS surprise of +3.24%, with the consensus EPS estimate being $3.40.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Wex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Benefits - Purchase volume: $2.33 billion compared to the $2.19 billion average estimate based on four analysts.
• Mobility - Payment processing transactions: 134.5 million versus the four-analyst average estimate of 136.53 million.
• Corporate Payments - Purchase volume: $17.29 billion versus $18.78 billion estimated by four analysts on average.
• Mobility - Average US fuel price: 3.32 $/gal versus the four-analyst average estimate of 3.29 $/gal.
• Revenues- Mobility: $333.80 million versus $331.20 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -1.5% change.
• Revenues- Benefits: $199.30 million versus the five-analyst average estimate of $197.88 million. The reported number represents a year-over-year change of +4.2%.
• Revenues- Corporate Payments: $103.50 million compared to the $104.85 million average estimate based on five analysts. The reported number represents a change of -15.5% year over year.
• Revenues- Payment processing: $271.80 million versus the three-analyst average estimate of $274.30 million. The reported number represents a year-over-year change of -10%.
• Revenues- Account servicing: $179.10 million compared to the $177.13 million average estimate based on three analysts. The reported number represents a change of +3.4% year over year.
• Revenues- Finance fees: $75.70 million versus the three-analyst average estimate of $67.74 million. The reported number represents a year-over-year change of +7.7%.
• Revenues- Other: $110 million versus $112.18 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.7% change.
• Revenues- Benefits- Other: $53.60 million compared to the $54.77 million average estimate based on three analysts. The reported number represents a change of +16.5% year over year.

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This article originally published on Zacks Investment Research (zacks.com).

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