Wesco International Inc expected to post earnings of $3.79 a share - Earnings Preview

WESCO International

10/02/2023 14:12

* Wesco International Inc  WCC.N   WCC  is expected to show
a rise
in quarterly revenue when it reports  results on February 14. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 10.8% increase in revenue to $5.375 billion from $4.85
billion a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. The company's guidance on
November 9 2022, for the period ended December 31, was for
revenue between $5.28 billion and $5.39 billion.
    * ​Refinitiv's mean analyst estimate for Wesco International
Inc
is for earnings of $3.79 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Wesco
International Inc is $164​, above​ its last closing price
of $148.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2021  2.56        2.54       3.17      Beat    24.9
 ​​Sep.        2.57        2.55       2.74      Beat    7.3
 30 2021                                                
 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. 31 2020  1.32        1.33       1.22      Missed  -8
 This summary was machine generated February 10 at 14:12 GMT. 
All figures in US dollars  unless otherwise stated