WEX · WEX Inc. Q2 FY2026 earnings call record财报电话会记录

“Combined, these factors give us confidence in our investment strategy and execution as we expect to exit the year within our long-term organic revenue growth range of 5%-10%.”

“Between May and July 20th, we repurchased approximately $93 million of shares, including approximately $60 million during the second quarter.”

“The impact of foreign exchange rates and fuel prices increased revenue growth by 10%.”

“Adjusted earnings per share was $5.35, an increase of 35.4%, with 25.4% of that growth driven by the impact of fuel prices and foreign exchange rates.”

“Our expectations from here are that we will see year-over-year margin improvement of more than 100 basis points in the back half of the year on a macro neutral basis as part of the plan to hit 75 basis points for the full year.”

“As the supply side has improved, the demand side, which impacts our volumes, is still constrained by broader economic conditions.”

“Overall, SaaS account growth was 2.2% in the quarter, in line with expectations and reflecting a difficult comparison as we lap the addition of the large UAW portfolio in the second quarter of last year, along with the impact of the previously disclosed Q1 account closures, which were immaterial to both revenue and income.”

“We're seeing continued strength in our travel customers despite the uncertainty associated with higher fuel prices and the Middle East conflict.”

“We will continue to apply a returns-based rigor to our share repurchase activity.”

“We expect adjusted net income EPS to be between $5.45 and $5.65 per diluted share.”

“If you look across the business, one of the things that I want you to keep in mind is our over-the-road business, we represent the whole segment, so really large over-the-road customers, as well as some of those mid-market businesses.”

“Just to what Melissa said, the late fee was about a 1% drag to the total company, 2% to the segment from what we would've expected on a normalized basis and impacted by fuel prices.”