Wesco Q4 revenue slightly beats estimates, EPS misses

Overview

• B2B distribution firm's Q4 revenue slightly beat analyst expectations

• Adjusted EPS for Q4 missed analyst expectations

• Company plans to increase annual dividend by over 10% to $2.00 per share

Outlook

• Wesco expects 2026 sales growth between 5% and 8%

• Company anticipates 2026 adjusted EPS of $14.50 to $16.50

• Wesco plans to increase annual dividend by over 10% to $2.00 per share

Result Drivers

• SEGMENT PERFORMANCE - CSS and EES segments drove Q4 sales growth with 16% and 9% increases, respectively

• UBS CHALLENGES - UBS segment faced ongoing sales and margin challenges, impacting adjusted EPS

• BACKLOG INCREASE - Record backlog up 19% YOY, driven by demand in AI-driven data centers and power generation

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 2 "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 $300.00, about 0.6% below its February 9 closing price of $301.69

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nPnTpRSka

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