Last €84.67 EUR
Change Today -0.77 / -0.91%
Volume 0.0
WL9 On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 3:00 AM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

wex inc (WL9) Snapshot

Open
€84.67
Previous Close
€85.45
Day High
€84.67
Day Low
€84.67
52 Week High
08/27/14 - €86.61
52 Week Low
02/4/14 - €58.21
Market Cap
3.3B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
38.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WEX INC (WL9)

wex inc (WL9) Related Businessweek News

No Related Businessweek News Found

wex inc (WL9) Details

WEX Inc. provides corporate card payment solutions in North and South America, the Asia Pacific, and Europe. It operates in two segments, Fleet Payment Solutions and Other Payment Solutions. The Fleet Payment Solutions segment offers vehicle payment processing, account servicing, and transaction processing services to commercial and government fleets. This segment markets its products and services directly, as well as through co-branded and private label relationships. The Other Payment Solutions segment provides payment processing solutions for corporate purchasing and transaction monitoring needs. Its products include corporate purchase cards, single use accounts, virtual card products, paycard products, and prepaid and gift cards. This segment markets its products and services directly to commercial and government organizations; and small and medium sized businesses. 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.

1,431 Employees
Last Reported Date: 02/27/14
Founded in 1983

wex inc (WL9) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $441.8K
Executive Chairman, Member of Executive Commi...
Total Annual Compensation: $592.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $305.4K
Senior Vice President of International
Total Annual Compensation: $288.7K
Compensation as of Fiscal Year 2013.

wex inc (WL9) Key Developments

WEX Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year of 2014

WEX Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. Total revenue for the second quarter of 2014 increased 13% to $201.6 million from $178.3 million for the second quarter of 2013. Net income attributable to common shareholders on a GAAP basis was $43.3 million, or $1.11 per diluted share, compared with $42.2 million, or $1.08 per diluted share, for the second quarter last year. On a non-GAAP basis, the company's adjusted net income for the second quarter of 2014 increased 28% to $54.0 million, or $1.39 per diluted share, from $42.3 million, or $1.08 per diluted share, for the same period a year ago. Operating profit was $80,329,000, compared to $67,081,000 for the last year. Income before tax was $66,730,000, compared to $67,298,000 for the last year. In terms of capital expenditures, CapEx for the second quarter was $11 million. For the second quarter of 2014, the company recognized a realized cash loss of $2.7 million before taxes on these instruments. For the six months, the company reported revenues of $383,649,000, compared to $343,655,000 for the last year. Operating profit was $141,866,000, compared to $127,611,000 for the last year. Income before tax was $123,789,000, compared to $112,502,000 for the last year. Earnings attributable to common shareholders were $79,875,000 or $2.05 per diluted share, compared to $70,902,000 or $1.81 per diluted share for the last year. Net cash used in operating activities was $173,362,000, compared to net cash provided by operating activities of $32,400,000 for the last year. Purchases of property, equipment and capitalized software was $22,604,000, compared to $13,017,000 for the last year. For the third quarter of 2014, the company expects revenue in the range of $213 million to $223 million and adjusted net income in the range of $51 million to $53 million, or $1.30 to $1.37 per diluted share. For the full year 2014, the company expects revenue in the range of $813 million to $823 million and adjusted net income to be in the range of $189 million to $195 million, or $4.84 to $4.99 per diluted share. The company is revising CapEx projections for the full year to be in the range of $50 million to $55 million, a $5 million increase to the range announced last quarter, which reflects the addition of Evolution1. For the full year, the company expects adjusted net income tax rate to be in the range of 35% to 36%.

WEX Inc. to Report Q2, 2014 Results on Jul 30, 2014

WEX Inc. announced that they will report Q2, 2014 results on Jul 30, 2014

WEX Inc., Q2 2014 Earnings Call, Jul 30, 2014

WEX Inc., Q2 2014 Earnings Call, Jul 30, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WL9:GR €84.67 EUR -0.77

WL9 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Fair Isaac Corp $58.17 USD +0.62
Jack Henry & Associates Inc $57.81 USD +0.07
Nelnet Inc $43.97 USD +0.16
SLM Corp $8.86 USD -0.02
Tyler Technologies Inc $89.06 USD +0.35
View Industry Companies
 

Industry Analysis

WL9

Industry Average

Valuation WL9 Industry Range
Price/Earnings 28.0x
Price/Sales 5.8x
Price/Book 4.5x
Price/Cash Flow 20.2x
TEV/Sales 4.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WEX INC, please visit www.wexinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.