WEX Inc (NYSE:WEX)

$ 188.66 -1.14 (-0.6%) Market Cap: 7.51 Bil Enterprise Value: 7.83 Bil PE Ratio: 23.94 PB Ratio: 4.48 GF Score: 89/100

Q4 2019 WEX Inc Earnings Call Transcript

Feb 13, 2020 / 02:00PM GMT

Release Date Price: $228.62 (+4.05%)

Transcript 8-K

Operator

Ladies and gentlemen, thank you for standing by. And welcome to the WEX Fourth Quarter 2019 Earnings Call. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Mr. Steve Elder. You may begin.

Steven Alan Elder

WEX Inc. - SVP of Global IR

Thank you, operator. Good morning, everyone. With me today is Melissa Smith, our President and CEO; and our CFO, Roberto Simon. The press release we issued earlier today and a slide deck to walk through our prepared remarks have been posted to the Investor Relations section of our website at wexinc.com. A copy of the release and the slide deck have also been included in the 8-Ks we submitted to the SEC.

As a reminder, we will be discussing a non-GAAP metric, specifically, adjusted net income attributable to shareholders, which we refer to as adjusted net income or ANI. Adjustments for this year's fourth quarter and full year to arrive at this metric include: unrealized gains and losses on financial instruments, net foreign currency remeasurement gains and losses,

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