Wesco International Inc expected to post earnings of $2.22 a share - Earnings Preview

WESCO International

03/05/2022 17:38

* Wesco International Inc  WCC.N   WCC  is expected to show
a rise
in quarterly revenue when it reports  results on May 5. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 14.2% increase in revenue to $4.617 billion from $4.04
billion a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Wesco International
Inc
is for earnings of $2.22 per share. For the same quarter last
year, the company reported earnings of $1.43 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Wesco
International Inc is $160​, above​ its last closing price
of $122.62. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  2.56        2.54       3.17      Beat    24.9
 Sep. 30 2021  2.57        2.55       2.74      Beat    7.3
 Jun. 30 2021  1.93        1.93       2.64      Beat    37.1​
 Mar. 31 2021  0.80        0.81       1.43      Beat    77.2
 ​​Dec.        1.32        1.33       1.22      Missed  -8
 31 2020                                                
 Sep. 30 2020  1.38        1.37       1.66      Beat    21.2​
 Jun. 30 2020  0.66        0.66       1.36      Beat    105.8
 Mar. 31 2020  0.95        0.96       0.91      Missed  -5.4
 This summary was machine generated May 3 at 16:38 GMT.  All
figures in US dollars  unless otherwise stated