Wesco International Inc expected to post earnings of $2.65 a share - Earnings Preview

WESCO International

30/04/2024 16:40

* Wesco International Inc  WCC.N   WCC  is expected to show
a fall
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Pittsburgh Pennsylvania-based  company is expected to
report
a 4.1% decrease in revenue to $5.297 billion from $5.52 billion
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Wesco International Inc
is for
earnings of $2.65 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Wesco
International Inc is $190.00​, above​ its last closing price
of $158.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  3.87        3.86       2.65      Missed  -31.4
 Sep. 30 2023  3.87        3.88       4.49      Beat    15.6
 Jun. 30 2023  4.45        4.45       3.71      Missed  -16.6​
 Mar. 31 2023  3.63        3.57       3.75      Beat    5.1
 ​​Dec.        3.81        3.79       4.13      Beat    8.9
 31 2022                                                
 Sep. 30 2022  4.43        4.42       4.49      Beat    1.5​
 Jun. 30 2022  3.97        3.93       4.19      Beat    6.7
 Mar. 31 2022  2.28        2.22       3.63      Beat    63.7
 This summary was machine generated April 30 at 15:39 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)