Wesco International Inc Q3 adjusted earnings Beat Estimates

(RTTNews) - Wesco International Inc (WCC) reported earnings for its third quarter that advanced from last year.

The company's profit came in at $105.24 million, or $2.02 per share. This compares with $66.17 million, or $1.31 per share, in last year's third quarter.

Excluding items, Wesco International Inc reported adjusted earnings of $142.63 million or $2.74 per share for the period.

Analysts had expected the company to earn $2.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.3% to $4.73 billion from $4.14 billion last year.

Wesco International Inc earnings at a glance:

-Earnings (Q3): $142.63 Mln. vs. $83.62 Mln. last year. -EPS (Q3): $2.74 vs. $1.66 last year. -Analysts Estimate: $2.55 -Revenue (Q3): $4.73 Bln vs. $4.14 Bln last year.

-Guidance: Full year EPS guidance: $9.20 to $9.40