|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||97.45 - 98.20|
|52 Week Range||70.19 - 99.39|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||12.96|
|Earnings Date||Jul 23, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||93.50|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of WESCO International, Inc. New York, September 04, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of WESCO International, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Shares of Wesco International (NYSE: WCC) climbed 9% higher on Thursday morning, after the electrical component distributor reported better-than-expected quarterly results. Before markets opened Thursday, Wesco reported second-quarter adjusted earnings of $1.04 per share on revenue of $2.1 billion, beating analyst expectations for $0.66 per share in earnings on revenue of $1.9 billion. The company late in the quarter completed its $4.5 billion acquisition of cabling and electrical wire provider Anixter International, creating a global electrical and data communications equipment powerhouse.
WESCO International (WCC) closes the acquisition of Anixter International.