WESCO International (NYSE:WCC) updated its FY18 earnings guidance on Wednesday. The company provided EPS guidance of 4.05-4.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.30. WESCO International also updated its FY17 guidance to 3.75-3.95 EPS.

A number of equities research analysts recently issued reports on the stock. ValuEngine raised shares of WESCO International from a hold rating to a buy rating in a report on Friday, December 1st. Zacks Investment Research lowered shares of WESCO International from a buy rating to a hold rating in a report on Tuesday. UBS upped their price objective on shares of WESCO International from $55.00 to $65.00 and gave the company a neutral rating in a report on Friday, October 27th. Wells Fargo & Company upped their price objective on shares of WESCO International from $67.00 to $75.00 and gave the company an outperform rating in a report on Friday, October 27th. Finally, Wolfe Research lowered shares of WESCO International from an outperform rating to a market perform rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of $68.38.

WESCO International (WCC) opened at $63.70 on Wednesday. The company has a market cap of $3,012.83, a PE ratio of 16.61, a price-to-earnings-growth ratio of 1.66 and a beta of 1.95. WESCO International has a 1 year low of $48.95 and a 1 year high of $76.15. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.42.

WESCO International (NYSE:WCC) last issued its quarterly earnings results on Thursday, October 26th. The technology company reported $1.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.03 by $0.09. The business had revenue of $2 billion for the quarter, compared to analysts’ expectations of $1.93 billion. WESCO International had a net margin of 2.52% and a return on equity of 9.11%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.05 earnings per share. equities research analysts forecast that WESCO International will post 3.87 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://www.watchlistnews.com/wesco-international-wcc-issues-fy18-earnings-guidance/1761178.html.

About WESCO International

WESCO International, Inc is a distributor of products and provider of supply chain management and logistics services used in industrial, construction, utility and commercial, institutional and government (CIG) markets. The Company is a provider of electrical, industrial and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and supply chain management and logistics services.

Earnings History and Estimates for WESCO International (NYSE:WCC)

Receive News & Ratings for WESCO International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WESCO International and related companies with MarketBeat.com's FREE daily email newsletter.