WESCO International, Inc. Reports Fourth Quarter and Full Year 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
WESCO Int'l (WCC) Misses Q4 EPS by 1c; Offers FY20 EPS Guidance
January 30, 2020 6:13 AM ESTWESCO Int'l (NYSE: WCC) reported Q4 EPS of $1.32, $0.01 worse than the analyst estimate of $1.33. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.1 billion.
Fourth quarter highlights:
Consolidated net sales of $2.1 billion, up 4.4% versus prior yearOrganic sales growth of 3.9%Earnings per diluted share of $1.26$1.32 adjusted for merger-related transaction costsOperating cash flow of $108 million; free cash flow of $94 million, or 178% of net incomeLeverage of 2.8x, down 0.2x sequentiallyAnnounced merger agreement with Anixter; expected to close... More