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

WESCO International (NYSE:WCC) released its quarterly earnings results on Tuesday. The technology company reported $3.16 EPS for the quarter, missing analysts’ consensus estimates 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 Down 0.3 %

NYSE WCC opened at $185.32 on Tuesday. WESCO International has a 12 month low of $132.37 and a 12 month high of $216.17. The stock’s fifty day moving average price is $187.96 and its 200-day moving average price is $179.43. The stock has a market cap of $9.08 billion, a P/E ratio of 14.84, a P/E/G ratio of 1.34 and a beta of 2.01. The company has a current ratio of 2.21, a quick ratio of 1.29 and a debt-to-equity ratio of 0.99.

WESCO International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend was Friday, December 13th. WESCO International’s payout ratio is 13.21%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on WCC. Royal Bank of Canada boosted their target price on WESCO International from $186.00 to $199.00 and gave the company a “sector perform” rating in a research note on Friday, November 1st. StockNews.com upgraded shares of WESCO International from a “hold” rating to a “buy” rating in a report on Friday, January 17th. KeyCorp lifted their target price on shares of WESCO International from $225.00 to $245.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. Robert W. Baird increased their price target on shares of WESCO International from $215.00 to $223.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Finally, Stephens raised their target price on WESCO International from $190.00 to $205.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $215.88.

About WESCO International

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).