WESCO International (NYSE:WCC) will be announcing its earnings results before the market opens on Wednesday, April 25th. Analysts expect the company to announce earnings of $0.87 per share for the quarter. WESCO International has set its FY18 guidance at $4.05-4.55 EPS.
WESCO International (NYSE:WCC) last released its earnings results on Thursday, February 1st. The technology company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.98 by $0.05. WESCO International had a return on equity of 9.06% and a net margin of 2.13%. The company had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.93 billion. During the same quarter in the previous year, the business posted $0.96 EPS. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, analysts expect WESCO International to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
NYSE:WCC opened at $62.95 on Tuesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.40 and a current ratio of 2.31. WESCO International has a fifty-two week low of $48.95 and a fifty-two week high of $69.35. The stock has a market cap of $2,973.94, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 1.35 and a beta of 1.84.
Several brokerages have recently issued reports on WCC. UBS began coverage on WESCO International in a report on Tuesday, January 23rd. They set a “neutral” rating and a $70.00 price target for the company. Zacks Investment Research lowered WESCO International from a “buy” rating to a “hold” rating in a report on Friday. Finally, ValuEngine upgraded WESCO International from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $68.82.
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About WESCO International
WESCO International, Inc distributes electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturers products and construction materials in North America and internationally. The company sells general supplies, such as wiring devices, fuses, terminals, connectors, boxes, enclosures, fittings, lugs, terminations, wraps, splicing and marking equipment, tools and testers, safety, personal protection, sealants, cutting tools, adhesives, consumables, fasteners, janitorial, and other MRO supplies.
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