SOUTH PORTLAND, Maine (AP) _ Wex Inc. (WEX) on Thursday reported a second-quarter loss of $33.9 million, after reporting a profit in the same period a year earlier.

The South Portland, Maine-based company said it had a loss of 76 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to $2.31 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share.

The provider of fuel payment processing for fleet vehicles posted revenue of $459.5 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $437.3 million.

For the current quarter ending in October, Wex expects its per-share earnings to range from $2.15 to $2.35.

The company said it expects revenue in the range of $465 million to $480 million for the fiscal third quarter.

Wex expects full-year earnings in the range of $8.30 to $8.70 per share, with revenue ranging from $1.81 billion to $1.84 billion.

Wex shares have declined slightly since the beginning of the year. The stock has increased 25% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEX at https://www.zacks.com/ap/WEX

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