NYSE$WCC
WESCO International Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
WESCO achieved sales growth and managed costs effectively in Q4 2019.
WESCO International Inc. reported a 4.4% increase in net sales to $2.1 billion for Q4 2019. Organic sales grew by 3.9%. Earnings per diluted share were $1.26, or $1.32 adjusted for merger-related transaction costs. The company's operating cash flow was $108 million, and free cash flow was $94 million.
- Consolidated net sales increased by 4.4% to $2.1 billion.
- Organic sales grew by 3.9%.
- Earnings per diluted share were reported as $1.26 ($1.32 adjusted for merger-related transaction costs).
- Operating cash flow reached $108 million, with free cash flow at $94 million.
Headline financials
Revenue & EPS history
WESCO · Revenue · Quarterly
$2.1B
Forward guidance
WESCO expects to outperform the market by leveraging its services and supply chain solutions, investing in its people and digital capabilities, and maintaining cash and cost management discipline. The company continues to expect sales growth in the range of zero to 4% this year, and provides its full year 2020 outlook for operating margin of 4.1% to 4.4%, EPS of $5.10 to $5.70 per diluted share, and free cash flow generation of at least 90% of net income excluding any impacts of the announced merger with Anixter.
Tailwinds
- Leveraging full range of WESCO services
- Leveraging supply chain solutions
- Investments in people
- Investments in digital capabilities
- Maintaining cash and cost management discipline
Headwinds
- Timing of regulatory approvals for Anixter merger
- Risk of Anixter stockholders not adopting merger agreement
- Potential disruption of management time
- Possible adverse effects on market price of WESCO’s stock
- Risk of unexpected costs or expenses from merger
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+0.1%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+2.1%
Avg return
30 days after
51%
35 / 68 earnings
Positive
+25.1%
Q3 2020
Best reaction
-25.7%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +14.6% | +14.8% | +18.3% | |
| Q4 2025 | -5.3% | +1.8% | -14.6% | |
| Q3 2025 | +10.6% | +10.4% | +17.1% | |
| Q1 2025 | -6.7% | -2.5% | +3.0% | |
| Q4 2024 | +1.7% | +6.2% | -14.5% | |
| Q3 2024 | +5.8% | +5.6% | +19.0% | |
| Q2 2024 | -12.3% | -12.7% | -5.5% | |
| Q1 2024 | +8.6% | +16.9% | +16.3% | |
| Q4 2023 | -25.7% | -24.3% | -17.1% | |
| Q3 2023 | +8.9% | +5.4% | +24.0% | |
| Q2 2023 | -14.6% | -15.1% | -9.0% | |
| Q1 2023 | -9.8% | -9.3% | +1.4% | |
| Q4 2022 | +12.4% | +10.1% | -3.9% | |
| Q3 2022 | -12.6% | -11.1% | -6.8% | |
| Q2 2022 | +2.1% | +2.2% | +1.6% | |
| Q1 2022 | +5.8% | -3.2% | +4.6% | |
| Q4 2021 | +4.6% | -0.8% | +8.2% | |
| Q3 2021 | +1.0% | -0.8% | -8.6% | |
| Q2 2021 | +8.6% | +10.6% | +9.2% | |
| Q1 2021 | +16.5% | +13.1% | +16.0% | |
| Q4 2020 | -13.5% | -10.0% | +2.4% | |
| Q3 2020 | +25.1% | +31.3% | +56.3% | |
| Q2 2020 | +7.9% | +6.5% | +3.0% | |
| Q1 2020 | -7.5% | -11.0% | +14.4% | |
| Q4 2019 | -8.0% | -7.4% | -22.9% | |
| Q3 2019 | +6.8% | +6.4% | +3.6% | |
| Q2 2019 | -11.3% | -10.1% | -11.2% | |
| Q1 2019 | +0.2% | -6.5% | -17.8% | |
| Q4 2018 | -2.9% | -0.2% | +0.7% | |
| Q3 2018 | +7.0% | +7.6% | +6.4% | |
| Q2 2018 | -1.8% | +1.2% | +1.7% | |
| Q1 2018 | -4.4% | -6.5% | -4.7% | |
| Q4 2017 | -6.7% | -7.2% | -10.9% | |
| Q3 2017 | +8.0% | +6.6% | +5.1% | |
| Q2 2017 | -11.6% | -13.2% | -13.7% | |
| Q1 2017 | -10.4% | -9.0% | -9.7% | |
| Q4 2016 | -1.1% | -5.0% | -6.6% | |
| Q3 2016 | -8.2% | -11.2% | +10.8% | |
| Q2 2016 | +3.2% | +1.1% | +15.5% | |
| Q1 2016 | +0.8% | — | — | |
| Q4 2015 | +9.4% | — | — | |
| Q3 2015 | +9.4% | — | — | |
| Q2 2015 | -6.8% | — | — | |
| Q1 2015 | -0.0% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | +2.6% | — | — | |
| Q2 2014 | -1.2% | — | — | |
| Q1 2014 | +2.8% | — | — | |
| Q3 2009 | -0.3% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q3 2013 | +3.9% | — | — | |
| Q2 2013 | +4.7% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | +0.9% | — | — | |
| Q3 2012 | +11.1% | — | — | |
| Q2 2012 | -4.4% | — | — | |
| Q1 2012 | -4.0% | — | — | |
| Q4 2011 | -2.0% | — | — | |
| Q3 2011 | -2.0% | — | — | |
| Q2 2011 | -10.3% | — | — | |
| Q1 2010 | -4.6% | — | — | |
| Q1 2011 | +2.5% | — | — | |
| Q4 2008 | +5.1% | — | — | |
| Q4 2010 | +5.1% | — | — | |
| Q3 2010 | +4.1% | — | — | |
| Q2 2010 | -0.9% | — | — | |
| Q2 2009 | -0.9% | — | — | |
| Q4 2009 | -0.9% | — | — |
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