Edition:
India

WEX Inc (WEX.N)

WEX.N on New York Stock Exchange

196.83USD
8:40pm IST
Change (% chg)

$1.64 (+0.84%)
Prev Close
$195.19
Open
$196.19
Day's High
$197.18
Day's Low
$195.68
Volume
16,141
Avg. Vol
94,975
52-wk High
$197.77
52-wk Low
$101.14

Latest Key Developments (Source: Significant Developments)

WEX Reaches Agreement With Shell For New Commercial Fleet Cards Portfolio
Monday, 4 Jun 2018 

June 4 (Reuters) - WEX Inc ::WEX REACHES AGREEMENT WITH SHELL FOR NEW COMMERCIAL FLEET CARDS PORTFOLIO.WEX INC - REACHED AN AGREEMENT WITH EQUILON ENTERPRISES LLC DBA SHELL OIL PRODUCTS US AND SHELL CANADA PRODUCTS.WEX INC - SHELL AND WEX ANTICIPATE LAUNCHING THEIR FIRST COMMERCIAL FLEET PRODUCT AUGUST 1, 2018.  Full Article

Wex Enters Into Third Amendment To Credit Agreement
Friday, 19 Jan 2018 

Jan 18 (Reuters) - Wex Inc ::WEX INC - ‍ON JAN. 17, CO ENTERED INTO THIRD AMENDMENT TO CREDIT AGREEMENT, DATED AS OF JULY 1, 2016 - SEC FILING​.WEX-AMENDMENT REDUCES APPLICABLE INTEREST RATE MARGIN FOR CO'S TRANCHE B-2 TERM LOANS BY 50 BASIS POINTS FOR BOTH LIBOR BORROWINGS,BASE RATE BORROWINGS​.WEX INC - ‍THIRD AMENDMENT INCREASES COMMITMENTS UNDER COMPANY'S TRANCHE B-2 TERM LOANS FROM $1.182 BILLION TO $1.335 BILLION​.  Full Article

Wex Inc Announces Plans For Potential Debt Repricing
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Wex Inc ::WEX INC ANNOUNCES PLANS FOR POTENTIAL DEBT REPRICING.WEX INC -INVITED PROSPECTIVE LENDERS TO MEETING SCHEDULED FOR JAN 8, 2018 FOR PURPOSE OF CONSIDERING POTENTIAL AMENDMENTS TO ITS CREDIT FACILITY.WEX- POTENTIAL AMENDMENTS TO CREDIT FACILITY INCLUDING REPRICING OF CO'S EXISTING $1.185 BILLION TERM LOAN B, POTENTIAL $100 MILLION INCREASE TO TERM LOAN B.  Full Article

Wex Inc Announced Three-Year Fleet Card Contract With Verizon
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - WEX Inc ::WEX INC - ANNOUNCED THREE-YEAR FLEET CARD CONTRACT WITH VERIZON.  Full Article

Wex announces partnership with Citi on new GSA Smartpay® 3 contract
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Wex Inc :Wex announces partnership with Citi on new GSA Smartpay® 3 contract.Wex Inc - ‍partnership makes Wex eligible provider on government program for next 14 years​.  Full Article

WEX Inc enters into second amendment to credit agreement among co and units
Saturday, 4 Nov 2017 

Nov 3 (Reuters) - Wex Inc :WEX Inc - ‍on Oct 30, co entered into second amendment to credit agreement, dated July 1, 2016, among co, units - SEC filing​.WEX Inc - second amendment increases commitments under revolving credit facility under the original credit agreement from $470 million to $570 million.  Full Article

Wex Q3 adjusted non-GAAP earnings per share $1.43
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Wex Inc :Wex Inc reports third quarter 2017 financial results.Q3 GAAP earnings per share $0.79.Q3 revenue $324 million versus I/B/E/S view $311.9 million.Q3 adjusted non-GAAP earnings per share $1.43.Sees Q4 2017 revenue $317 million to $327 million.Sees FY 2017 revenue $1.24 billion to $1.25 billion.Q3 earnings per share view $1.41 -- Thomson Reuters I/B/E/S.Sees Q4 2017 adjusted earnings per share $1.40 to $1.47.Sees FY 2017 adjusted earnings per share $5.31 to $5.38.Q4 earnings per share view $1.43, revenue view $310.0 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $5.31, revenue view $1.22 billion -- Thomson Reuters I/B/E/S.  Full Article

WEX ANNOUNCES EXTENSION OF FUEL CARD CONTRACT WITH SHEETZ
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - WEX Inc ::WEX ANNOUNCES EXTENSION OF FUEL CARD CONTRACT WITH SHEETZ.WEX INC - ‍ ANNOUNCED A 10-YEAR EXTENSION OF ITS FLEET CARD CONTRACT WITH SHEETZ INC​.  Full Article

Chevron enters deal with Wex Bank
Monday, 19 Dec 2016 

Chevron Corp :Chevron products co- signed a long-term agreement with WEX Bank to issue and operate Chevron- and Texaco-branded commercial fleet cards commencing in Jan 2018..  Full Article

BRIEF-Wex Inc Q1 GAAP EPS $1.12

* Q1 EARNINGS PER SHARE VIEW $1.73 -- THOMSON REUTERS I/B/E/S