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Wesco International (WCC)
NYSE:WCC
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.33Last Year’s EPS
2.3Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -1.14%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call revealed strong growth in data centers and broadband, effective strategic acquisitions, and a positive outlook for 2025. However, challenges remain in the utility and industrial segments, and gross margin pressures persist. Overall, the positive aspects and strong future outlook outweigh the challenges.Company Guidance
In the recent earnings call, WESCO International provided guidance for 2025, projecting organic sales growth between 2.5% and 6.5%, with expected operating margin expansion across all three business units. The company's outlook includes generating $600 million to $800 million in free cash flow and an intention to increase the common stock dividend by 10% to $1.82 per share. Key achievements in 2024 set a positive trajectory, including a record free cash flow of over $1 billion, a $431 million reduction in net debt, and a $425 million share repurchase. WESCO's strategic moves, including divestitures and acquisitions, are anticipated to support their long-term goal of reaching a 10%+ EBITDA margin. They also emphasized their commitment to growth through digital transformation and strategic acquisitions aligned with trends like AI-driven data centers and electrification.Record Free Cash Flow
The company generated record free cash flow of more than $1 billion in 2024, representing 154% of adjusted net income.
Strong Data Center Growth
WESCO's data center solutions business grew more than 70% in the fourth quarter, showing exceptional growth and contributing to nearly 40% of CSS sales.
Broadband Business Growth
The broadband business grew more than 20% in the fourth quarter, indicating a return to growth and momentum in the Canadian market.
Strategic Acquisitions and Divestitures
WESCO strengthened its portfolio by divesting a low-margin business and acquiring higher-margin service-based businesses, including Ascent, which enhances their data center service offerings.
Positive Outlook for 2025
The company expects organic sales to grow 2.5% to 6.5% in 2025, with all business units expected to deliver profitable growth.
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WCC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WCC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $185.30 | $188.42 | +1.68% |
| Oct 31, 2024 | $177.42 | $191.56 | +7.97% |
| Aug 01, 2024 | $174.11 | $157.99 | -9.26% |
| May 02, 2024 | $153.30 | $163.90 | +6.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Wesco International (WCC) report earnings?
Wesco International (WCC) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Wesco International (WCC) earnings time?
Wesco International (WCC) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WCC EPS forecast?
WCC EPS forecast for the fiscal quarter 2025 (Q1) is 2.33.
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