WEX raises 2026 adjusted net income guidance to $21.28-$21.48 per diluted share
Bitget2026/10/28 21:10- WEX raised its 2026 revenue forecast to $2.97 billion-$2.99 billion, increasing the midpoint by $96 million.
- Full-year adjusted earnings guidance rose to $21.28-$21.48 per diluted share, a $1.50 midpoint increase.
- Fourth-quarter revenue is projected at $760 million-$780 million, with adjusted earnings of $5.67-$5.87 per diluted share.
- Higher fuel-price assumptions contributed approximately $91 million to the annual revenue upgrade and $1.40 to the adjusted earnings outlook.
- The forecast assumes average US retail fuel prices of $4.81 per gallon in the fourth quarter, versus $4.50 for the full year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japanese and South Korean stock markets open

Marvell Technology (MRVL.US) $115 billion "merger of the century" faces lukewarm reception! Stock has dropped over 40%, experts estimate only a 50% chance of completion
Marvell plans to acquire Lamington for 115 billions USD to strengthen its position in AI, but the probability of completion is only 50%. The two stocks have dropped by nearly 40% and about 35% respectively, with Chinese regulatory approval being the biggest uncertainty.
Amid opposition to data centers, Musk doubles down: SpaceX (SPCX.US) plans to build a $24 billion computing center and gas power plant in Texas.
According to a public hearing notice published on the Starbase website, SpaceX plans to build, own, and operate a gas-fired power plant and a supercomputing facility at its company town in Starbase, Texas.