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WEX Inc.(WEX Quick QuoteWEX - Free Report) delivered better-than-expected first-quarter 2023 results. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Keep more of your money in your business, where it belongs.Apply for a fleet card today! WEX was formerly known as Discovery Benefits, LLC. How do I get help with my account? Revenues of $4.8 billion missed the consensus mark by 1.3% and our estimate by a slight margin. The table below shows the impact of certain macro factors on adjusted net income attributable to shareholders: Segment Estimated Adjusted Net Income Attributable to Shareholders Impact. Robert W. Baird increased their price objective on WEX from $222.00 to $236.00 in a research note on Friday. You also can log into your account through the Discovery Benefits mobile app, using your existing username and password. Benefits of AWS Built services that were instantly scalable and highly deliverable Only 15% of employers changed their benefits in 2021 as a result of COVID-19. Click to get this free report, ManpowerGroup Inc. (MAN) : Free Stock Analysis Report, Omnicom Group Inc. (OMC) : Free Stock Analysis Report, Equifax, Inc. (EFX) : Free Stock Analysis Report, WEX Inc. (WEX) : Free Stock Analysis Report. Type a symbol or company name. WEX Inc. - WEX Completes Acquisition of benefitexpress WEX Health helps us accurately manage funding for FSAs and HSAs, and allows , WEX is our administrator of several employee benefits, including Health Savings Accounts, commuter benefit accounts, an COBRA. All fields must be completed unless marked (optional). Adjusted earnings of $3.31 per share surpassed the Zacks Consensus Estimate by 3.4% and our estimate by 3.8%. Long-term debt was $2.6 billion compared with $2.5 billion at the end of the previous quarter. It is well suited to help us see exactly which employee and which company the employee is with and how much they employee spent. The WEX Difference Customizable dashboard reporting and analytics to learn account trends. WEX Q1 Earnings and Revenues Beat Estimates, Increase Y/Y Military veterans possess invaluable leadership skills and business acumen. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. WEX is our administrator of several employee benefits, including Health Savings Accounts, commuter benefit accounts, an COBRA. Mobility payment processing transactions were up 4% year over year to 137.5 million. As a result, there will be upcoming brand changes that will impact your flexible spending, health savings, and commuter benefits accounts. WEX Health helps us accurately manage funding for FSAs and HSAs, and allows our employees to manage their own accounts. (unaudited), Change in fair value of contingent consideration, Net unrealized (loss) gain on financial instruments, Less: Net income from non-controlling interests, Change in value of redeemable non-controlling interest.