31.10.2019 11:24:45

WESCO International Trims FY19 Outlook Range - Quick Facts

(RTTNews) - While reporting financial results for the third quarter on Thursday, WESCO International, Inc. (WCC) lowers its earnings and sales growth guidance for the full year 2019, based on the year-to-date results and its view of the end markets.

For fiscal 2019, the company now projects earnings in a range of $5.00 to $5.40 per share on sales growth between 1 and 3 percent. Previously, the company expected earnings in the range of $5.00 to $5.60 per share on sales growth between 1 and 4 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $5.19 per share on sales growth of 2.5 percent to $8.38 billion for the year. Analysts' estimates typically exclude special items.

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WESCO International Inc. 177,00 0,57% WESCO International Inc.