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Stock Market & Financial Investment News

News Breaks
April 24, 2014
06:13 EDTWCCWESCO reports Q1 EPS 97c, consensus $1.07
Reports Q1 revenue $1.81B, consensus $1.83B. John J. Engel, WESCO's chairman and CEO, stated, "Our Q1 results reflect an improving U.S. economy largely offset by the impacts of severe winter weather conditions in both the U.S and Canada. Sales in the U.S. were up approximately 3% with mid-single digit organic sales growth in all of our end markets, except construction, where sales declined primarily due to weather related project delays. Sales in Canada declined approximately 4% organically versus last year. While we face near-term foreign exchange headwinds in Canada, we continue to view that market favorably. After a slow start in January, sales momentum improved through the quarter and has further accelerated in April."
News For WCC From The Last 14 Days
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February 1, 2016
08:11 EDTWCCIdeal Power announces distribution with WESCO
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January 28, 2016
11:25 EDTWCCWESCO sees Q1 sales down 4% to down 1%
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11:24 EDTWCCWESCO sees FY16 EPS $3.75-$4.20, consensus $3.84
Sees FY16 sales flat to down 5%, consensus $7.31B. Sees FY16 operating margin 4.48%-5%. Sees FY16 free cash flow greater than 90% of net income. Guidance from earnings presentation slides.
06:02 EDTWCCWESCO reports Q4 EPS $1.03, consensus $1.02
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