WESCO Int'l (WCC) Misses Q4 EPS by 11c
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WESCO International, Inc. Reports Fourth Quarter and Full Year 2020 Results
February 9, 2021 6:00 AM ESTFourth quarter summary:
Net sales of $4.1 billion, up 97% due to the Anixter merger Operating 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 $0.11 Adjusted earnings per diluted share of $1.22 Operating cash flow of $125 million Free cash flow of 161% of adjusted net income Leverage of 5.3x; net debt reduction of $109 millionFull year... More
