Wesco: Q4 Revenue Beats, EPS Misses
Electrical, communications, and utility distribution and supply chain services specialist Wesco International (NYSE:WCC) reported mixed fourth-quarter and full-year earnings results on Tuesday, Feb. 11. Net sales rose 0.5% year over year to $5.5 billion, surpassing analysts' consensus expectations. However, adjusted earnings per share (EPS) of $3.16 missed the projected $3.24.
Overall, the quarter was characterized by commendable cash flow performance, though margins were slightly pressured.
Source: Wesco International. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.
Source Fool.com