WESCO International, Inc. Reports Fourth Quarter and Full Year 2018 Results
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February 1, 2019 8:56 AM EST
Buckingham Research analyst Robert Barry raised the price target on WESCO International (NYSE: WCC) to $60.00 (from $59.00) while maintaining a Buy rating.
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January 31, 2019 6:06 AM EST
WESCO Int'l (NYSE: WCC) reported Q4 EPS of $1.26, $0.01 better than the analyst estimate of $1.25. Revenue for the quarter came in at $2 billion versus the consensus estimate of $2.05 billion.
Mr. John J. Engel, WESCO's Chairman, President and CEO, commented, "After returning to sales growth in 2017, I'm pleased to report that we executed our top priorities of delivering margin expansion, strong profitable growth and increased cash generation in 2018. We strengthened our business, growing in all end markets and geographies, while operating against an economic backdrop that was more challenging than expected. We... More
