WESCO International, Inc. Reports Third Quarter 2018 Results
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WESCO Int'l (WCC) Tops Q3 EPS by 5c, Revenues In-Line
November 1, 2018 6:03 AM EDTWESCO Int'l (NYSE: WCC) reported Q3 EPS of $1.41, $0.05 better than the analyst estimate of $1.36. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.1 billion.
Mr. John J. Engel, WESCO's Chairman, President and CEO, commented, "We had another strong quarter and are pleased with our return to profitable growth in 2018. This is the third consecutive quarter that we delivered double-digit growth in operating profit and EPS. Organic sales growth was within our expected range for the quarter, with all end markets contributing. Operating margin expanded sequentially and year-over-year,... More
