Electricals distributor Wesco beats Q3 revenue expectations, hikes forecast

WESCO International

30/10/2025 10:16

Overview

Wesco Q3 revenue grows 12.9% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting improved operational performance

Company raises full-year outlook for sales growth, adjusted EBITDA, and adjusted EPS

Outlook

Wesco raises full-year organic sales growth forecast to 8%-9% from 5%-7%

Company expects full-year adjusted EPS between $13.10 and $13.60

Wesco lowers full-year free cash flow outlook due to increased working capital needs

Result Drivers

DATA CENTER SALES - Data center sales reached $1.2 bln, up ~60% YOY, significantly contributing to revenue growth

ORGANIC SALES GROWTH - Organic sales grew 12.1% YOY, driven by volume growth in CSS, EES, and UBS segments

UTILITY SECTOR RECOVERY - Utility business returned to growth, contributing to overall sales increase

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$6.20 bln
$5.90 bln (9 Analysts)
Q3 Adjusted EPS
Beat
$3.92
$3.80 (10 Analysts)
Q3 EPS
$3.79
Q3 EBIT Margin
5.60%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Wesco International Inc is $250.00, about 8.7% above its October 29 closing price of $228.29

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nPn1dQ3t7a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)