WESCO International (NYSE:WCC – Get Free Report) issued its earnings results on Thursday. The technology company reported $4.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.98 by $0.59, Zacks reports. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The company had revenue of $6.67 billion during the quarter, compared to analyst estimates of $6.44 billion. During the same quarter last year, the business posted $3.83 EPS. The company’s revenue for the quarter was up 13.0% on a year-over-year basis. WESCO International updated its FY 2026 guidance to 16.000-17.500 EPS.
Here are the key takeaways from WESCO International’s conference call:
- Record second-quarter results: Sales rose 13% to $6.7 billion, adjusted EBITDA increased 24% to $487 million, and adjusted EPS grew 35% to a record $4.57. Adjusted EBITDA margin expanded 60 basis points to 7.3%.
- Growth was broad-based beyond data centers, with mid-single-digit sales growth excluding data centers. Data center sales increased approximately 45% to $1.5 billion, while EES and UBS also benefited from infrastructure, industrial, OEM, utility, and broadband demand.
- Record backlog rose 60% year over year, including increases of approximately 95% in CSS, 30% in EES, and 80% in UBS. A multiyear grid-services award from a hyperscale customer expands UBS into data-center power infrastructure and is expected to be margin accretive.
- WESCO raised its full-year outlook, now expecting 9%-11% organic sales growth, 10%-12% reported sales growth, a 6.9%-7.1% adjusted EBITDA margin, and adjusted EPS of $16-$17.50. Third-quarter sales are expected to grow at a low-double-digit rate year over year.
- Free cash flow guidance is now $300 million-$600 million as higher sales require additional working-capital investment. Management expects third-quarter EBITDA margin to decline slightly sequentially because of project mix, while public-power competitive dynamics continue to pressure UBS margins.
WESCO International Stock Performance
WCC stock traded up $0.88 during mid-day trading on Friday, reaching $343.55. 130,004 shares of the stock traded hands, compared to its average volume of 619,636. The firm has a market capitalization of $16.73 billion, a PE ratio of 24.34, a P/E/G ratio of 1.94 and a beta of 1.54. The business has a 50-day moving average of $343.36 and a two-hundred day moving average of $314.36. WESCO International has a 52 week low of $197.96 and a 52 week high of $377.90. The company has a quick ratio of 1.22, a current ratio of 2.12 and a debt-to-equity ratio of 1.13.
WESCO International Dividend Announcement
Insider Buying and Selling
In related news, CFO David S. Schulz sold 31,951 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $360.44, for a total transaction of $11,516,418.44. Following the transaction, the chief financial officer owned 77,038 shares of the company’s stock, valued at approximately $27,767,576.72. The trade was a 29.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Akash Khurana sold 4,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $359.13, for a total transaction of $1,436,520.00. Following the transaction, the executive vice president owned 30,775 shares in the company, valued at approximately $11,052,225.75. The trade was a 11.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 144,486 shares of company stock worth $51,846,641. 2.60% of the stock is currently owned by company insiders.
Institutional Trading of WESCO International
A number of large investors have recently bought and sold shares of WCC. Brown Brothers Harriman & Co. lifted its holdings in shares of WESCO International by 166.0% during the third quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock valued at $28,000 after acquiring an additional 83 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of WESCO International in the 4th quarter worth about $56,000. Danske Bank A S acquired a new stake in shares of WESCO International during the 3rd quarter worth about $127,000. EverSource Wealth Advisors LLC lifted its holdings in WESCO International by 95.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company’s stock valued at $139,000 after purchasing an additional 368 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in WESCO International by 11.5% in the fourth quarter. Parallel Advisors LLC now owns 581 shares of the technology company’s stock valued at $142,000 after buying an additional 60 shares in the last quarter. 93.75% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on WCC. Wall Street Zen lowered WESCO International from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Barclays boosted their target price on WESCO International from $313.00 to $375.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. DA Davidson started coverage on WESCO International in a research note on Tuesday, June 16th. They set a “buy” rating and a $440.00 price target for the company. Weiss Ratings upgraded WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Finally, Stephens raised WESCO International from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $350.00 to $400.00 in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $341.22.
WESCO International News Roundup
Here are the key news stories impacting WESCO International this week:
- Positive Sentiment: Record earnings and revenue beat estimates. WESCO posted $6.67 billion in revenue, up 13% year over year and above the roughly $6.44 billion consensus. Adjusted diluted EPS reached a record $4.57, exceeding estimates near $3.96-$3.98 and rising sharply from the prior-year period. WESCO International Reports Second Quarter 2026 Results
- Positive Sentiment: Data-center demand accelerated. Data-center sales increased approximately 45% to $1.5 billion, helping drive organic growth, while adjusted EBITDA margin expanded to 7.3% from 6.7% a year earlier. Wesco International beats second-quarter expectations as data center business accelerates
- Positive Sentiment: Management raised its full-year outlook. WESCO now expects 2026 adjusted EPS of $16.00-$17.50 and revenue of $25.9-$26.3 billion, above the previous revenue consensus of approximately $25.4 billion. The company cited strong first-half performance and accelerating momentum. Wesco International Raises Outlook After Record Q2 Results
- Positive Sentiment: Backlog provides greater revenue visibility. Total company backlog rose approximately 60% year over year. Management also highlighted a multi-year grid-services award from a hyperscale data-center customer and the Newark Engineering acquisition, which expands cooling and lifecycle-service capabilities. Does WESCO’s Record Backlog Reveal a Deeper Shift in Its Earnings Power?
- Neutral Sentiment: The earnings call and follow-up analysis focused on whether the record backlog and infrastructure spending can translate into sustained long-term earnings growth, particularly as data-center demand remains a major growth driver. WESCO International Q2 2026 Earnings Call Transcript
- Negative Sentiment: Insider-trading data showed substantially more insider selling than buying over the past six months. While sales may reflect routine diversification or compensation, the activity could temper investor enthusiasm following the strong rally.
WESCO International Company Profile
WESCO International, Inc is a leading global distributor of electrical, industrial, communications and utility products, serving a diverse customer base across maintenance, repair and operations (MRO), original equipment manufacturing (OEM) and construction markets. The company offers a comprehensive portfolio of products ranging from power distribution and automation solutions to data communications, security systems and lighting controls. Through an extensive branch network, WESCO provides critical components and value‐added services that help organizations streamline operations and improve reliability in their facilities and infrastructure.
In addition to its broad product offering, WESCO delivers advanced supply chain management and logistics solutions designed to optimize inventory levels, reduce downtime and lower overall procurement costs.
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