WEX Inc (NYSE:WEX)

$ 190.79 0.99 (0.52%) Market Cap: 7.59 Bil Enterprise Value: 7.91 Bil PE Ratio: 24.21 PB Ratio: 4.53 GF Score: 89/100

WEX Inc at KBW Cards, Payments & Financial Technology Symposium Transcript

Mar 04, 2020 / 08:25PM GMT

Release Date Price: $182.74 (+0.13%)

Transcript 10-K

Sanjay Harkishin Sakhrani

Keefe, Bruyette, & Woods, Inc., Research Division - MD

We're going to get started here. So to close out the day, I'm excited to introduce our next guests from WEX: CFO, Roberto Simon; Steve Elder, from Investor Relations. Both of them have been regular attendees of our conference, so we really appreciate them attending this year. And obviously, they put out an announcement this morning about some of the impacts related to the coronavirus. So maybe we can start with that and just talk about some of the inputs into your assumptions around the impact. Roberto?

Questions & Answers

Roberto R. Simon

WEX Inc. - CFO

Good. Well, thank you for hosting us. It's interesting because we have been monitoring coronavirus for already 5 or 6 weeks. We gave guidance in the second week of February, and we had no access to data up to almost a day before, 2 days before and we didn't saw any impact. I think 2 catalysts have been what have changed now the situation. The first one was the South Korea and Iran cases that increase, so we saw a

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