WESCO International (NYSE:WCC) Releases Quarterly Earnings Results, Misses Expectations By $0.42 EPS

WESCO International (NYSE:WCCGet Free Report) released its earnings results on Tuesday. The technology company reported $3.40 EPS for the quarter, missing analysts’ consensus estimates of $3.82 by ($0.42), FiscalAI reports. WESCO International had a net margin of 2.81% and a return on equity of 13.12%. The business had revenue of $6.07 billion during the quarter, compared to analyst estimates of $6.03 billion. During the same period last year, the business posted $3.16 EPS. WESCO International’s revenue was up 10.3% compared to the same quarter last year. WESCO International updated its FY 2026 guidance to 14.500-16.500 EPS.

WESCO International Stock Down 4.3%

WCC stock opened at $301.73 on Tuesday. The stock has a market cap of $14.68 billion, a PE ratio of 23.67, a price-to-earnings-growth ratio of 2.00 and a beta of 1.45. The firm’s 50-day simple moving average is $272.54 and its 200 day simple moving average is $242.21. WESCO International has a fifty-two week low of $125.21 and a fifty-two week high of $319.67. The company has a quick ratio of 1.20, a current ratio of 2.09 and a debt-to-equity ratio of 1.18.

WESCO International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.4538 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.82 annualized dividend and a yield of 0.6%. WESCO International’s dividend payout ratio (DPR) is currently 14.27%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of WESCO International in a research note on Wednesday, January 21st. KeyCorp lifted their target price on shares of WESCO International from $300.00 to $304.00 and gave the stock an “overweight” rating in a research note on Monday, January 26th. Wall Street Zen cut WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Barclays boosted their price objective on shares of WESCO International from $274.00 to $302.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Finally, JPMorgan Chase & Co. increased their target price on WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $266.00.

View Our Latest Stock Report on WCC

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its holdings in WESCO International by 95.6% during the second quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company’s stock worth $139,000 after purchasing an additional 368 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in shares of WESCO International during the 2nd quarter worth $573,000. California State Teachers Retirement System increased its stake in WESCO International by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 45,604 shares of the technology company’s stock worth $8,446,000 after purchasing an additional 365 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of WESCO International by 516.8% in the second quarter. BNP Paribas Financial Markets now owns 41,354 shares of the technology company’s stock worth $7,659,000 after acquiring an additional 34,649 shares in the last quarter. Finally, Lazard Asset Management LLC raised its holdings in shares of WESCO International by 1.4% during the second quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company’s stock valued at $740,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 93.75% of the company’s stock.

WESCO International Company Profile

(Get Free Report)

WESCO International, Inc is a leading global distributor of electrical, industrial, communications and utility products, serving a diverse customer base across maintenance, repair and operations (MRO), original equipment manufacturing (OEM) and construction markets. The company offers a comprehensive portfolio of products ranging from power distribution and automation solutions to data communications, security systems and lighting controls. Through an extensive branch network, WESCO provides critical components and value‐added services that help organizations streamline operations and improve reliability in their facilities and infrastructure.

In addition to its broad product offering, WESCO delivers advanced supply chain management and logistics solutions designed to optimize inventory levels, reduce downtime and lower overall procurement costs.

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Earnings History for WESCO International (NYSE:WCC)

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