Wesco International Inc expected to post earnings of $3.88 a share - Earnings Preview

WESCO International

31/10/2023 18:49

* Wesco International Inc  WCC.N   WCC  is expected to show
a rise
in quarterly revenue when it reports  results on November 2. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 3.7% increase in revenue to $5.65 billion from $5.45 billion
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. The company's guidance on August 3
2023, for the period ended September 30, was for revenue between
$5.28 billion and $5.39 billion.
    * ​Refinitiv's mean analyst estimate for Wesco International
Inc
is for earnings of $3.88 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 $192​, above​ its last closing price
of $128.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  4.43        4.42       4.49      Beat    1.5
 ​​Jun.        3.97        3.93       4.19      Beat    6.7
 30 2022                                                
 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. 30 2021  2.57        2.55       2.74      Beat    7.3
 This summary was machine generated October 31 at 18:48 GMT.  All
figures in US dollars  unless otherwise stated