WEX Stock Declines 5.1% Since Q1 Earnings & Revenue Beat

WEX Inc. (WEX) reported impressive first-quarter 2024 results, wherein earnings and revenues beat the Zacks Consensus Estimate.Quarterly adjusted earnings of $3.51 per share surpassed the Zacks Consensus Estimate by 3.2% and increased 1.5% from the year-ago quarter. Revenues of $636.6 million beat the consensus estimate by 1% but declined 2.5% on a year-over-year basis.The stock has fallen 5.1% since the release of results on April 30, as the guidance for 2025 was weak.For 2025, revenues are expected betwee ...