Wesco International Inc Reveals Increase In Q4 Profit

(RTTNews) - Wesco International Inc (WCC) revealed a profit for its fourth quarter that rose from last year.

The company said its bottom line totaled $48.9 million, or $1.03 per share. This was higher than $47.4 million, or $0.96 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.98 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.7% to $2.00 billion. This was up from $1.79 billion last year.

Wesco International Inc earnings at a glance:

-Earnings (Q4): $48.9 Mln. vs. $47.4 Mln. last year. -Earnings Growth (Y-o-Y): 3.2% -EPS (Q4): $1.03 vs. $0.96 last year. -EPS Growth (Y-o-Y): 7.3% -Analysts Estimate: $0.98 -Revenue (Q4): $2.00 Bln vs. $1.79 Bln last year. -Revenue Change (Y-o-Y): 11.7%

-Guidance: Full year EPS guidance: $4.05 to $4.55