WEX Inc. issued its guidance on revenue and adjusted net income for the first quarter and full year 2019.

For the first quarter, WEX is expecting revenues of $375 million to $380 million and adjusted net income to range from $72 million to $74 million, or $1.64 to $1.70 per share. In the year-ago period, the company recorded revenues of $354.8 million and adjusted net income attributable to common shareholders of $78.7 million, or $1.81 per share.

For full-year 2019, WEX is expecting revenues of $1.68 billion to $1.72 billion and adjusted net income of $385 million to $403 million, or $8.80 to $9.20 per share. For full-year 2018, the company recorded total revenues of $1.49 billion and adjusted net income attributable to common shareholders of $360.9 million, or $8.28 per share.

The company said its first-quarter and full-year 2019 guidance is based on an assumption that the average U.S. retail fuel price will be $2.60 per gallon and $2.63 per gallon for the respective periods.

WEX recorded fourth-quarter 2018 net income attributable to shareholders of $21.3 million, or 49 cents per share, compared to $87.2 million, or $2.02 per share, in the year-ago period. On a non-GAAP basis, it recorded adjusted net income of $91.8 million, or $2.11 per share, compared to $68.0 million, or $1.57 per share, in the fourth quarter of 2017.

The company reported full-year 2018 net income attributable to shareholders of $168.3 million, or $3.86 per share, compared to $160.1 million, or $3.71 per share, in the year-ago period.

The S&P Global Market Intelligence consensus normalized EPS estimates for the fourth quarter and full year 2018 were $2.09 and $8.18, respectively.