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WESCO International Q1 2023 Earnings Report

WESCO International logo
$178.09 +2.95 (+1.68%)
(As of 12/20/2024 05:17 PM ET)

WESCO International EPS Results

Actual EPS
$3.75
Consensus EPS
$3.61
Beat/Miss
Beat by +$0.14
One Year Ago EPS
$3.63

WESCO International Revenue Results

Actual Revenue
$5.52 billion
Expected Revenue
$5.45 billion
Beat/Miss
Beat by +$73.88 million
YoY Revenue Growth
+12.00%

WESCO International Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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WESCO International Earnings Headlines

WESCO International, Inc. (WCC) Stock Forecasts
WESCO International, Inc. (WCC): A Bull Case Theory
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Wesco price target raised to $245 from $225 at KeyBanc
St. Louis data center management company has new owner
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About WESCO International

WESCO International (NYSE:WCC) provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS). The EES segment supplies products and supply chain solutions, including electrical equipment and supplies, automation and connected devices, security, lighting, wire and cable, and safety, as well as maintenance, repair, and operating (MRO) products. This segment also offers contractor solutions, direct and indirect manufacturing supply chain optimization programs, lighting and renewables advisory services, and digital and automation solutions. The CSS segment operates in the network infrastructure and security markets. This segment sells products directly to end-users or through various channels, including data communications contractors, security, network, professional audio/visual, and systems integrators. It also provides safety and energy management solutions. The UBS segment offers products and services to investor-owned utilities; public power companies; and service and wireless providers, broadband operators, and contractors. This segment's products include wire and cables, transformers, transmission and distribution hardware, switches, protective devices, connectors, conduits, pole line hardware, racks, cabinets, safety and MRO products, and point-to-point wireless devices. This segment also offers various service solutions, including fiber project management, high and medium voltage project design and support, pre-wired meters and capacitor banks, meter testing and metering infrastructure installation, personal protective equipment dielectric testing, and tool repair, as well as emergency response, storage yard, materials, and logistics management. The company was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

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