WESCO International, Inc. Reports Fourth Quarter and Full Year 2020 Results

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Go back to WESCO International, Inc. Reports Fourth Quarter and Full Year 2020 Results

WESCO Int'l (WCC) Misses Q4 EPS by 11c

February 9, 2021 6:12 AM EST

WESCO Int'l (NYSE: WCC) reported Q4 EPS of $1.22, $0.11 worse than the analyst estimate of $1.33. Revenue for the quarter came in at $4.1 billion versus the consensus estimate of $4.12 billion.

Fourth quarter summary:

Net sales of $4.1 billion, up 97% due to the Anixter mergerOperating profit of $93 million; operating margin of 2.2%Adjusted operating profit of $172 million; adjusted operating margin of 4.2%Earnings per diluted share of $0.11Adjusted earnings per diluted share of $1.22Operating cash flow of $125 millionFree cash flow of 161% of adjusted net... More