Wesco International: Q3 Earnings Snapshot
PITTSBURGH (AP) _ Wesco International Inc. (WCC) on Thursday reported third-quarter profit of $239.6 million.
The Pittsburgh-based company said it had profit of $4.30 per share. Earnings, adjusted for non-recurring costs, were $4.49 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.35 per share.
The maker of electrical and industrial maintenance supplies and construction materials posted revenue of $5.45 billion in the period, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $5.54 billion.
Wesco International expects full-year earnings in the range of $15.80 to $16.20 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WCC at https://www.zacks.com/ap/WCC