WESCO International, Inc. (NYSE:WCC) will announce its earnings results before the market opens on Wednesday, October 25th. Analysts expect the company to announce earnings of $1.09 per share for the quarter.

WESCO International (NYSE:WCC) last released its quarterly earnings results on Thursday, July 27th. The technology company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.04. WESCO International had a net margin of 1.41% and a return on equity of 9.11%. The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the business earned $1.02 earnings per share. The firm’s quarterly revenue was down .1% on a year-over-year basis. On average, analysts expect WESCO International to post $3.74 EPS for the current fiscal year and $4.20 EPS for the next fiscal year.

Shares of WESCO International, Inc. (NYSE:WCC) opened at 60.80 on Wednesday. The stock has a 50 day moving average of $55.25 and a 200-day moving average of $58.14. WESCO International, Inc. has a 52-week low of $48.95 and a 52-week high of $76.15. The firm has a market capitalization of $2.92 billion, a P/E ratio of 28.83 and a beta of 1.80.

In other news, CFO David S. Schulz purchased 4,000 shares of the business’s stock in a transaction on Friday, August 11th. The stock was purchased at an average cost of $51.57 per share, with a total value of $206,280.00. Following the acquisition, the chief financial officer now directly owns 9,000 shares in the company, valued at $464,130. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 1.90% of the stock is owned by company insiders.

Several research analysts recently commented on WCC shares. Zacks Investment Research raised shares of WESCO International from a “sell” rating to a “buy” rating and set a $64.00 price objective for the company in a report on Tuesday, July 4th. UBS AG reaffirmed a “neutral” rating and issued a $55.00 price objective (down from $67.00) on shares of WESCO International in a report on Monday, July 31st. Royal Bank Of Canada reaffirmed a “hold” rating on shares of WESCO International in a report on Wednesday, July 12th. Northcoast Research started coverage on shares of WESCO International in a report on Tuesday, July 25th. They issued a “buy” rating and a $70.00 price objective for the company. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $56.00 price objective on shares of WESCO International in a report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $66.21.

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About WESCO International

WESCO International, Inc is a distributor of products and provider of supply chain management and logistics services used in industrial, construction, utility and commercial, institutional and government (CIG) markets. The Company is a provider of electrical, industrial and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and supply chain management and logistics services.

Earnings History for WESCO International (NYSE:WCC)

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