Wesco International: Q2 Earnings Snapshot

August 4, 2022 GMT

PITTSBURGH (AP) _ Wesco International Inc. (WCC) on Thursday reported second-quarter earnings of $220.7 million.

On a per-share basis, the Pittsburgh-based company said it had profit of $3.95. Earnings, adjusted for non-recurring costs, were $4.19 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.88 per share.

The maker of electrical and industrial maintenance supplies and construction materials posted revenue of $5.48 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $5.36 billion.

Wesco International expects full-year earnings in the range of $15.60 to $16.40 per share.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WCC at https://www.zacks.com/ap/WCC