Shares of WESCO International WCC rose 0.0% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share fell 7.58% year over year to $1.22, which missed the estimate of $1.33.
Revenue of $4,129,000,000 rose by 96.71% from the same period last year, which beat the estimate of $4,120,000,000.
Outlook
The upcoming fiscal year's EPS expected to be between $5.50 and $6.00.
The upcoming fiscal year's revenue expected to be between $12,696,000,000 and $13,066,000,000.
How To Listen To The Conference Call
Date: Feb 09, 2021
Time: 10:00 AM
Recent Stock Performance
Company's 52-week high was at $89.53
Company's 52-week low was at $13.52
Price action over last quarter: Up 62.42%
Company Overview
Wesco International is a value-added industrial distributor that operates across four distinct end markets: industrial (36% of sales), construction (33%), utility (16%), and commercial, institutional, and government (15%). The company offers more than 1 million products to its 70,000 active customers through a distribution network of 500 branches and 10 distribution centers. Although Wesco generates almost all of its sales in North America, the company has a global reach, with operations in 15 other countries. With the Anixter acquisition in 2020, the firm's pro forma revenue increases to over $17 billion, and the combined entity easily surpasses W.W. Grainger as the largest industrial distributor in the United States.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.