Overview
Wesco Q2 2025 net sales rise 7.7% YOY, beats analyst expectations
Adjusted EPS for Q2 beats analyst expectations, per LSEG data
Data center sales exceed $1 bln, up 65% YOY
Outlook
Wesco raises full-year organic sales growth outlook for 2025
Company maintains EPS mid-point for full-year 2025
Company cites AI-driven data centers as a growth driver
Result Drivers
DATA CENTER SALES - Data center sales exceeded $1 bln in Q2, up 65% YOY, driven by demand from hyperscale customers
ORGANIC GROWTH - CSS and EES segments saw 17% and 6% organic growth respectively, contributing to overall sales increase
BACKLOG INCREASE - Backlog rose YOY and sequentially across all business units, indicating strong demand
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$5.89 bln
$5.82 bln (10 Analysts)
Q2 Adjusted EPS
Beat
$3.39
$3.34 (10 Analysts)
Q2 EPS
$3.83
Analyst Coverage
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 "buy"
Wall Street's median 12-month price target for Wesco International Inc is $218.50, about 2.6% above its July 30 closing price of $212.77
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 11 three months ago
Press Release: ID:nPn46703ga
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)