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Stock impact report

Wesco International Reports First Quarter 2024 Results [Yahoo! Finance]

WESCO International, Inc. (WCC) 
Last wesco international, inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: wesco.investorroom.com
Company Research Source: Yahoo! Finance
EBITDA margin of 6.4%, down 60 basis points sequentially and 120 basis points YOY Operating cash flow of $746 million • Free cash flow of $731 million in the quarter, $1.4 billion over trailing twelve months Financial leverage of 2.6x, down 0.2x sequentially PITTSBURGH May 2, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, announces its results for the first quarter of 2024. "Our first quarter sales met our expectations and were consistent with the outlook we provided during the quarter. Our performance, compared against the strong first quarter a year ago, was in line with our typical seasonal pattern and our full year outlook. Quoting, bid activity levels, and our backlog remain healthy and support our view for sequential growth as the year progresses. Our free cash flow generation, something we are acutely focused on, was a record $731 million in the first quarter a Show less Read more
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