PITTSBURGH (AP) — PITTSBURGH (AP) — Wesco International Inc. (WCC) on Tuesday reported fourth-quarter earnings of $159.9 million.
On a per-share basis, the Pittsburgh-based company said it had profit of $3.34. Earnings, adjusted for non-recurring costs, came to $3.40 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.82 per share.
The maker of electrical and industrial maintenance supplies and construction materials posted revenue of $6.07 billion in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $6.04 billion.
For the year, the company reported profit of $640.2 million, or $13.05 per share. Revenue was reported as $23.51 billion.
Wesco International expects full-year earnings in the range of $14.50 to $16.50 per share.
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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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