WCC News and Press, WESCO International Inc. From 05/05/22

WESCO International, Inc. (WCC) Q1 2022 Earnings Conference Call May 5, 2022, 10:00 AM ET Company Participants John Engel – President and Chief Executive Officer David Schulz – Executive Vice President and Chief Financial Officer William Ruthrauff – Director-Investor Rela...

WESCO press release (NYSE:WCC): Q1 Non-GAAP EPS of $3.63 beats by $1.39. Revenue of $4.93B (+22.0% Y/Y) beats by $310M. Raising 2022 outlook for adjusted earnings per diluted share to a range of $14.00 to $15.00 vs consensus of $11.64, or up 40% to 50% versus prior year “As a result of...

Record net sales of $4.9 billion, up 22% YOY Organic sales growth of 21% Record backlog as of March 31, 2022, up more than 90% YOY and up 25% sequentially Record operating profit of $284 million; operating margin of 5.8% Gross margin of 21.3%, up ...

WESCO (NYSE:WCC) is scheduled to announce Q1 earnings results on Thursday, May 5th, before market open. The consensus EPS Estimate is $2.24 (-18.2% Y/Y) and the consensus Revenue Estimate is $4.62B (-2.3% Y/Y). Over the last 2 years, WCC has beaten EPS estimates 75% of the time and has beaten...

Watsco has done incredibly well in recent years from a fundamental perspective, with revenue, profits, and cash flows gradually improving over time. The long-term outlook for this firm is likely favorable, but there are concerns regarding pricing. In the best case, the stock looks...

SiteOne Landscape Supply has done well to grow its operations over the past several years. The picture for the company looks set to continue, but this doesn't make the firm a great purchase. All things considered, the company probably is more or less fairly valued. For furth...

Wesco International (NYSE: WCC) will hold its first quarter 2022 earnings conference call on Thursday, May 5, at 10:00 a.m. ET. Dial-in details are below. The live audio webcast and presentation slides of the earnings call will be accessible on the investor relations section of Wesco&#x...

High-growth technologies like conference room infrastructure, automation, and IoT (Internet of Things) growth are WESCO International's current focus. Increased cross-selling opportunities and merger synergies from the Anixter acquisition have enabled to exceed the earlier synergy tar...

Earlier Sunday, Canadian Pacific (CP) locked out 3,000 employees over a labor dispute, the Company is the 2nd largest rail business in Canada, with service extending as far south as Kansas City. Last week, Nutrien (NTR) warned that it would need to reduce potash production if the shutdow...

The Board of Directors of Wesco International, Inc. (NYSE: WCC) today declared a cash dividend on the company’s 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock for the period January 1, 2022 through March 31, 2022. The dividend is $664.0625 per preferred sh...