WESCO International (WCC) Expected to Announce Earnings on Thursday

WESCO International (NYSE:WCC - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $2.23 per share and revenue of $5.27 billion for the quarter. WESCO International has set its FY 2025 guidance at 12.000-14.500 EPS.

WESCO International (NYSE:WCC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The technology company reported $3.16 EPS for the quarter, missing analysts' consensus estimates of $3.23 by ($0.07). WESCO International had a return on equity of 13.63% and a net margin of 3.29%. On average, analysts expect WESCO International to post $13 EPS for the current fiscal year and $16 EPS for the next fiscal year.

WESCO International Stock Down 0.2 %

Shares of NYSE:WCC traded down $0.32 during trading on Tuesday, reaching $161.83. 536,408 shares of the company traded hands, compared to its average volume of 765,248. The firm has a fifty day simple moving average of $159.24 and a 200 day simple moving average of $180.05. The firm has a market cap of $7.90 billion, a P/E ratio of 12.38, a price-to-earnings-growth ratio of 1.45 and a beta of 1.83. WESCO International has a 1-year low of $125.21 and a 1-year high of $216.17. The company has a quick ratio of 1.27, a current ratio of 2.20 and a debt-to-equity ratio of 1.02.

WESCO International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.4538 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.12%. This is a positive change from WESCO International's previous quarterly dividend of $0.41. WESCO International's dividend payout ratio (DPR) is 13.85%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. StockNews.com lowered shares of WESCO International from a "buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Stephens lifted their target price on shares of WESCO International from $205.00 to $215.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. Royal Bank of Canada raised their price target on shares of WESCO International from $212.00 to $213.00 and gave the company a "sector perform" rating in a report on Wednesday, February 12th. Finally, KeyCorp cut their price target on shares of WESCO International from $245.00 to $205.00 and set an "overweight" rating on the stock in a report on Monday, March 17th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $219.43.

WESCO International Company Profile

WESCO International, Inc provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS).