<ul>
	<li>WESCO International, Inc.&nbsp;WCC reported<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/22/02/b25627488/wesco-international-inc-reports-fourth-quarter-and-full-year-2021-results" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">&nbsp;fourth-quarter sales growth of 17.5% year-over-year&nbsp;</a>to $4.85 billion, +15.8% on an organic basis, beating the consensus of $4.67 billion.</li>
	<li>The gross margin expanded by 120 bps to 20.8%. Adjusted operating income grew 57.6% Y/Y to $270.8 million, and margin expanded by 140 bps to 5.6%.</li>
	<li>Adjusted EBITDA was $319.6 million (+48% Y/Y), and adjusted EBITDA margin was 6.6%, up 140 bps.</li>
	<li>Adjusted EPS improved to $3.17 (+160% Y/Y), beating the consensus of $2.54.</li>
	<li>Electrical &amp; Electronic Solutions sales of $2 billion (+19.6% Y/Y), and adjusted EBITDA margin of 7.5% compared to 5.7% in 4Q20.</li>
	<li>Communications &amp; Security Solutions sales of $1.5 billion (+10.6% Y/Y) adjusted EBITDA margin of 8.3% compared to 8.2% in 4Q20.</li>
	<li>Utility &amp; Broadband Solutions sales of $1.3 billion (+23% Y/Y) adjusted EBITDA margin of 9.6% compared to 7.3% in 4Q20.</li>
	<li>WESCO reported cash flow provided by operations of $67.14 million in FY21, compared to $543.93 million a year ago. Free cash flow was $93.51 million.</li>
	<li>FY22 Outlook:&nbsp;WESCO expects a sales increase of 5% - 8% and an adjusted EBITDA margin expanding to 6.7% - 7%.</li>
	<li>It expects adjusted EPS to grow in double digits to $11.00 - $12.00 (consensus $11.01) and generate a free cash flow of 100% or more of net income.</li>
	<li>Price Action:&nbsp;WCC shares are trading higher by 5.42% at $130.16 on the last check&nbsp;Tuesday.</li>
</ul>

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WESCO Clocks 17% Revenue Growth In Q4, Tops Street View - WESCO Intl (NYSE:WCC)

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WESCO Clocks 17% Revenue Growth In Q4, Tops Street View

WESCO International Inc