WESCO International (NYSE:WCC) Posts Quarterly Earnings Results, Misses Estimates By $0.07 EPS

WESCO International (NYSE:WCC - Get Free Report) announced its quarterly earnings results on Tuesday. The technology company reported $3.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.23 by ($0.07), Zacks reports. WESCO International had a net margin of 3.19% and a return on equity of 13.19%. WESCO International updated its FY 2025 guidance to 12.000-14.500 EPS.

WESCO International Trading Up 1.5 %

Shares of WESCO International stock traded up $2.85 during trading hours on Friday, hitting $196.52. The company's stock had a trading volume of 258,769 shares, compared to its average volume of 686,070. WESCO International has a 1-year low of $141.02 and a 1-year high of $216.17. The business has a fifty day moving average of $186.84 and a 200 day moving average of $179.75. The company has a market capitalization of $9.63 billion, a PE ratio of 15.72, a P/E/G ratio of 1.34 and a beta of 2.01. The company has a quick ratio of 1.29, a current ratio of 2.21 and a debt-to-equity ratio of 0.99.

WESCO International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.4125 per share. This represents a $1.65 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend was Friday, December 13th. WESCO International's dividend payout ratio (DPR) is 13.21%.

Wall Street Analyst Weigh In

WCC has been the topic of several recent research reports. KeyCorp upped their price target on shares of WESCO International from $225.00 to $245.00 and gave the company an "overweight" rating in a report on Monday, December 9th. Robert W. Baird upped their price objective on shares of WESCO International from $215.00 to $223.00 and gave the company an "outperform" rating in a research note on Friday, November 1st. Stephens upped their price objective on shares of WESCO International from $190.00 to $205.00 and gave the company an "overweight" rating in a research note on Tuesday, November 5th. Royal Bank of Canada upped their price objective on shares of WESCO International from $212.00 to $213.00 and gave the company a "sector perform" rating in a research note on Wednesday. Finally, StockNews.com downgraded shares of WESCO International from a "buy" rating to a "hold" rating in a research note on Wednesday. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, WESCO International has an average rating of "Moderate Buy" and a consensus price target of $217.63.

WESCO International Company Profile

WESCO International, Inc 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).