Wesco International Inc expected to post earnings of $3.87 a share - Earnings Preview

WESCO International

09/02/2024 15:12

* Wesco International Inc  WCC.N   WCC  is expected to show
a rise
in quarterly revenue when it reports  results on February 13 for
the period ending December 31 2023
    * The Pittsburgh Pennsylvania-based  company is expected to
report
a 0.6% increase in revenue to $5.591 billion from $5.56 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 $3.87 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"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 $200.00​, above​ its last closing price
of $190.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  3.81        3.79       4.13      Beat    8.9
 ​​Sep.        4.43        4.42       4.49      Beat    1.5
 30 2022                                                
 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
 This summary was machine generated February 9 at 15:12 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)