WCC News and Press, WESCO International Inc. From 01/23/23

Summary WESCO International continues to post strong sales, profit, and cash flow numbers for the most part. This proves the company is in good health and the future for the enterprise is likely to be positive as well. The stock may be pricey compared to some similar firms, but they...

Summary 2022 provided long only investors with poor returns, both in equity and fixed income markets. With M-2 money supply growth slowing and a profits recession on the horizon, 2023 is likely to look a lot like 2022, particularly in the first half of the year. My portfolio allocat...

As noted in its third quarter earnings press release and webcast presentation, Wesco International (NYSE: WCC) will participate in the following events in the fourth quarter. Senior management will provide an overview of the business, strategic priorities, and the transformational acqui...

WESCO International, Inc. (WCC) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Scott Gaffner - SVP, Investor Relations John Engel - Chairman, President and Chief Executive Officer Dave Schulz - Executive Vice President and Chie...

The following slide deck was published by WESCO International, Inc. in conjunction with their 2022 Q3 earnings call. For further details see: WESCO International, Inc. 2022 Q3 - Results - Earnings Call Presentation

WESCO press release ( NYSE: WCC ): Q3 Non-GAAP EPS of $4.49 beats by $0.07 . Revenue of $5.4B (+14.2% Y/Y) misses by $100M . Organic sales growth of 17%. Record backlog as of September 30, 2022, up more than 60% YOY and up approximately 5% sequentially. Rec...

Net sales of $5.4 billion, up 15% YOY Organic sales growth of 17% Record backlog as of September 30, 2022, up more than 60% YOY and up approximately 5% sequentially Record operating profit of $402 million, up 75% YOY; operating margin of 7.4%, up 250 basi...

Summary WESCO International is a good near-term prospect due to incredible second quarter performance. WESCO International is well-established to capitalize on end-market demand through its broad portfolio and cross-selling opportunities. Near and long-term strategies have bee...

WESCO ( NYSE: WCC ) is scheduled to announce Q3 earnings results on Thursday, November 3rd, before market open. The consensus EPS Estimate is $4.42 (+61.3% Y/Y) and the consensus Revenue Estimate is $5.5B (+16.3% Y/Y). Over the last 2 years, WCC has beaten EPS estima...

Wesco International (NYSE: WCC) today announced it has completed the purchase of Rahi Systems Holdings, Inc., a leading provider of global hyperscale data center solutions. Wesco previously announced its plan to acquire Rahi on September 7, 2022. The final purchase price of $217 mil...