Truck fleet payments and fuel card provider WEX Inc. (NYSE: WEX) reported adjusted earnings per share of $1.45 Wednesday, 2 cents light of the consensus estimate and $1.16 lower year-over-year. The headline number was a loss of $5.30 per share, which included more than $200 million in one-off acquisition-related expenses and a goodwill impairment charge.
The Portland, Maine-based company reported a 9% year-over-year decline in consolidated revenue as activity in the company’s fleet segment...
https://www.freightwaves.com/news/fuel-card-provider-wex-sees-slow-and-steady-recovery-in-2021