filecrux
Oct 29, 9:26 AM
$WEX Is WEX's raised
$21.28-
$21.48 EPS guide built on more than
$4.81 gasoline?
🏢 WEX, which runs fleet fuel cards, employee-benefit accounts and business payments and is worth about
$6.44B at
$189.08 at 16:00 ET on October 28, 2026, raised its 2026 adjusted EPS guide to
$21.28-
$21.48 from
$19.68-
$20.08
⚠️ WEX credits
$1.40 of the
$1.50 lift in the guide's midpoint to its fuel assumption (
$4.81 a gallon for Q4,
$4.50 for the full year, up
$0.59), which leaves about
$0.10 for everything else, including fewer shares and a higher credit-loss assumption
📈 The underlying business still grew, with Q3 adjusted EPS up 14.3% ex-fuel, adjusted operating margin up to 42.6% from 39.5%, and leverage down to 2.7x from 2.9x in June
📅 Next: WEX takes questions on its call on October 29, 2026, and the fuel outlook behind its Q4 guide of
$5.67 to
$5.87 a share is what to listen for
Source: SEC 8-K, Oct 28 (Q3 release + supplement)
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