Picture of WESCO International logo

WCC — WESCO International News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsAdventurousLarge CapHigh Flyer

Wesco International Inc reports results for the quarter ended June 30 - Earnings Summary

Wesco International Inc WCC.N reported quarterly adjusted earnings of $3.39​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.21.  The mean expectation of ten analysts for the quarter was for earnings of $3.34 per share. Wall Street expected results to range from $3.17  to $3.43 per share.

Revenue rose 7.7% to $5.90 billion from a year ago; analysts expected $5.82 billion.

Wesco International Inc's reported EPS for the quarter was $3.83​.

The company reported quarterly net income of $189.2 million.

Wesco International Inc shares had risen by 14.9% this quarter and gained 17.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Wesco International Inc is $218.50, about 2.6% above its last closing price of $212.77

This summary was machine generated from LSEG data July 31 at 01:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20253.343.39Beat
Mar. 31 20252.322.21Missed
Dec. 31 20243.233.16Missed
Sep. 30 20243.213.58Beat

Recent news on WESCO International

See all news