Wesco International: Q4 Earnings Snapshot

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PITTSBURGH (AP) — PITTSBURGH (AP) — Wesco International Inc. (WCC) on Tuesday reported fourth-quarter earnings of $142 million.

The Pittsburgh-based company said it had profit of $2.45 per share. Earnings, adjusted for non-recurring costs, were $2.65 per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.80 per share.

The maker of electrical and industrial maintenance supplies and construction materials posted revenue of $5.47 billion in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $5.57 billion.

For the year, the company reported profit of $765.5 million, or $13.54 per share. Revenue was reported as $22.39 billion.

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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

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