WESCO Int'l (WCC) Misses Q2 EPS by 38c; cuts guidance

WESCO Int'l (NYSE: WCC) reported Q2 EPS of $3.21, $0.38 worse than the analyst estimate of $3.59. Revenue for the quarter came in at $5.48 billion versus the consensus estimate of $5.56 billion.

"We are reducing our full-year outlook and now expect organic sales growth of (1.5)% to 0.5% versus prior year and adjusted EBITDA margin of 7.0% to 7.3%."

For earnings history and earnings-related data on WESCO Int'l (WCC) click here.

You May Also Be Interested In

• BofA maintains underperform ratings on six BDC stocks
• BofA says CTA Treasury shorts stable, euro short-cover risk rises
• Lazard Global Total Return fund declares $0.1534 monthly distribution