Edition:
United States

Wesco International Inc (WCC.N)

WCC.N on New York Stock Exchange

63.80USD
13 Dec 2017
Change (% chg)

$0.10 (+0.16%)
Prev Close
$63.70
Open
$64.05
Day's High
$64.80
Day's Low
$63.70
Volume
74,707
Avg. Vol
76,354
52-wk High
$76.05
52-wk Low
$49.00

Latest Key Developments (Source: Significant Developments)

Wesco International Renews Share Repurchase Program, Provides 2018 Outlook
Wednesday, 13 Dec 2017 06:05am EST 

Dec 13 (Reuters) - Wesco International Inc ::WESCO INTERNATIONAL, INC. REAFFIRMS 2017 OUTLOOK, RENEWS SHARE REPURCHASE PROGRAM, AND PROVIDES 2018 OUTLOOK.SEES FY 2017 SALES UP 3 TO 4 PERCENT.SEES 2018 SALES GROWTH OF 3 TO 6%.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.  Full Article

Wesco International reports Q3 earnings per share $1.12
Thursday, 26 Oct 2017 06:05am EDT 

Oct 26 (Reuters) - Wesco International Inc :Wesco international, inc. Reports third quarter 2017 results.Q3 earnings per share $1.12.Q3 sales $2.0 billion versus I/B/E/S view $1.93 billion.Q3 earnings per share view $1.03 -- Thomson Reuters I/B/E/S.Raises FY 2017 earnings per share view to $3.75 to $3.95.Sees FY 2017 sales up 3 to 4 percent.FY2017 earnings per share view $3.74, revenue view $7.49 billion -- Thomson Reuters I/B/E/S.  Full Article

Wesco International sees FY 2016 earnings per share $3.60-$4.00
Tuesday, 13 Dec 2016 06:45am EST 

Wesco International Inc : FY2017 earnings per share view $4.07, revenue view $7.51 billion -- Thomson Reuters I/B/E/S . FY2016 earnings per share view $3.79, revenue view $7.36 billion -- Thomson Reuters I/B/E/S . Wesco International Inc - expect sales in range of flat to up 4%, EPS of $3.60 to $4.00 per diluted share for 2017 . Wesco International, Inc reaffirms 2016 outlook and provides 2017 outlook . Sees FY 2016 earnings per share $3.60 to $4.00 . Q3 loss per share $1.70 .Q3 earnings per share view $1.11 -- Thomson Reuters I/B/E/S.  Full Article

Wesco International Q2 earnings per share $1.02
Thursday, 28 Jul 2016 06:00am EDT 

Wesco International Inc : Wesco International Inc reports second quarter 2016 results . Q2 sales fell 0.3 percent to $1.912 billion . Q2 earnings per share $1.02 . Q2 earnings per share view $0.97 -- Thomson Reuters I/B/E/S . Q2 revenue view $1.88 billion -- Thomson Reuters I/B/E/S . Sees full-year 2016 earnings per share $3.85 to $4.10 . Sees full-year 2016 sales down 2 percent . Full-year 2016 earnings per share view $3.99 -- Thomson Reuters I/B/E/S . Expect weakness in commodity-driven end markets and foreign exchange headwinds to continue into second half of this year .Maintaining current outlook for 2016 within original guidance we provided last December.  Full Article

Wesco international says pricing of $350 mln senior notes due 2024
Thursday, 2 Jun 2016 05:10pm EDT 

Wesco International Inc - : Says notes will bear interest at an annual rate of 5.375%, and are being issued at 100% of their face value . Notes will be issued at 100% of their face value. .Wesco International, Inc. announces pricing of $350 million senior notes due 2024.  Full Article

Wesco international announces private offering of $350 mln senior notes due 2024
Thursday, 2 Jun 2016 07:32am EDT 

Wesco International Inc : Wesco International, Inc announces proposed private offering of $350 million senior notes due 2024 . Intends to use net proceeds from offering of notes to repay its 6.0 pct convertible senior debentures due 2029 .Until 2029 debentures are repaid, co plans to use proceeds to temporarily reduce other debt facilities.  Full Article

Ideal Power Q1 net loss $2.8 million
Thursday, 12 May 2016 04:01pm EDT 

Ideal Power Inc : Order backlog of $4.9 million at march 31, 2016 . Q1 2016 net loss was $2.8 million compared to q1 2015 net loss of $2.2 million .Ideal power reports first quarter 2016 financial results.  Full Article

WESCO International Inc announces management change
Tuesday, 3 May 2016 06:50am EDT 

WESCO International Inc:Kenneth S. Parks, Senior Vice President and Chief Financial Officer, has tendered his resignation to accept a position with another company, with such resignation to be effective on May 31, 2016.Parks will assist in transitional matters until his departure, and Timothy A. Hibbard, will serve as the Company's Interim Chief Financial Officer while the Company completes a search process for a new Chief Financial Officer.  Full Article

WESCO International Inc announces the acquisition of Atlanta Electrical Distributors
Tuesday, 1 Mar 2016 05:00pm EST 

WESCO International Inc:Announces the acquisition of Atlanta electrical distributors.Says Wesco distribution, inc. has entered into a definitive agreement to acquire Atlanta electrical distributors.Acquisition is expected to be accretive to earnings by approximately $0.03 per diluted share in the first year of operation.  Full Article

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

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