WESCO International, Inc. Reports First Quarter 2017 Results
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May 1, 2017 10:33 AM EDT
UBS lowered its price target on WESCO International (NYSE: WCC) to $67.00 (from $69.00) while maintaining a Neutral rating.... More
April 27, 2017 6:06 AM EDT
WESCO Int'l (NYSE: WCC) reported Q1 EPS of $0.76, $0.03 better than the analyst estimate of $0.73. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.76 billion.
Mr. John J. Engel, WESCO's Chairman, President and CEO, commented, "Our first quarter results were in line with our expectations and the outlook we provided in January. Our sales results reflect improving momentum in our business, driven by a return to growth in Industrial and in Canada. Operating margin was also in line with our expectations, as we continue to execute our cost management and... More
