WESCO International, Inc. Reports Second Quarter 2019 Results
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WESCO Int'l (WCC) Tops Q2 EPS by 2c, Revenues Beat; Offers FY19 EPS Guidance
August 1, 2019 6:07 AM EDTWESCO Int'l (NYSE: WCC) reported Q2 EPS of $1.45, $0.02 better than the analyst estimate of $1.43. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.18 billion.
The following are results for the three months ended June 30, 2019 compared to the three months ended June 30, 2018:
Net sales were $2.2 billion for the second quarter of 2019, compared to $2.1 billion for the second quarter of 2018, an increase of 2.2%. Organic sales for the second quarter of 2019 grew by 1.9% as foreign exchange rates negatively impacted net sales by 1.0%, while acquisitions positively impacted net sales by 1.3%. Sequentially, net... More