Wesco Q2 adjusted EPS, sales beats estimates, hikes FY sales forecast
Overview
Wesco Q2 2025 net sales rise 7.7% YOY, beats analyst expectations
Adjusted EPS for Q2 beats analyst expectations, per LSEG data
Data center sales exceed $1 bln, up 65% YOY
Outlook
Wesco raises full-year organic sales growth outlook for 2025
Company maintains EPS mid-point for full-year 2025
Company cites AI-driven data centers as a growth driver
Result Drivers
DATA CENTER SALES - Data center sales exceeded $1 bln in Q2, up 65% YOY, driven by demand from hyperscale customers
ORGANIC GROWTH - CSS and EES segments saw 17% and 6% organic growth respectively, contributing to overall sales increase
BACKLOG INCREASE - Backlog rose YOY and sequentially across all business units, indicating strong demand
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $5.89 bln | $5.82 bln (10 Analysts) |
Q2 Adjusted EPS | Beat | $3.39 | $3.34 (10 Analysts) |
Q2 EPS |
| $3.83 |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for Wesco International Inc is $218.50, about 2.6% above its July 30 closing price of $212.77
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 11 three months ago
Press Release: ID:nPn46703ga
