December 13, 2017 / 11:30 AM / 2 years ago

BRIEF-Wesco International Renews Share Repurchase Program, Provides 2018 Outlook

Dec 13 (Reuters) - Wesco International Inc:

* WESCO INTERNATIONAL, INC. REAFFIRMS 2017 OUTLOOK, RENEWS SHARE REPURCHASE PROGRAM, AND PROVIDES 2018 OUTLOOK

* SEES 2018 EARNINGS PER SHARE $4.05 TO $4.55

* - EXPECT FAVORABLE CONDITIONS AND POSITIVE GROWTH IN END MARKETS TO CONTINUE IN 2018

* SEES 2018 FREE CASH FLOW OF AT LEAST 90% OF NET INCOME

* FY2018 EARNINGS PER SHARE VIEW $4.31, REVENUE VIEW $7.97 BILLION — THOMSON REUTERS I/B/E/S

* FY2017 EARNINGS PER SHARE VIEW $3.87, REVENUE VIEW $7.60 BILLION — THOMSON REUTERS I/B/E/S

* WESCO INTERNATIONAL SAYS AUTHORIZES NEW SHARE REPURCHASE AUTHORIZATION OF UP TO $300 MILLION OVER THE NEXT THREE YEARS

* FY2018 EARNINGS PER SHARE VIEW $4.31, REVENUE VIEW $7.97 BILLION — THOMSON REUTERS I/B/E/S

* WESCO - “WELL-POSITIONED TO BENEFIT FROM U.S. TAX REFORM PROPOSALS NOW BEING CONSIDERED BY CONGRESS”

* WESCO - POTENTIAL BENEFIT FROM U.S. TAX REFORM PROPOSALS NOT REFLECTED IN CO’S OUTLOOK Source text for Eikon: Further company coverage:

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