Anixter Int'l (AXE) Misses Q3 EPS by 19c

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Anixter International Inc. Reports Third Quarter 2017 Results

October 24, 2017 6:30 AM EDT

Diluted EPS of $1.11 from continuing operations

Adjusted diluted EPS of $1.30 from continuing operations

Third Quarter Highlights

Record third quarter sales of $2.0 billion, up 3.1% YOY Strong growth in UPS segment, up 11.0%, 10.5% on an organic basis Hurricanes and earthquakes negatively impacted sales

GLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE: AXE) today reported sales of $2.0 billion for the quarter ended September 29, 2017, a 3.1% increase compared to the prior year quarter. Organic sales increased 1.5%... More