Friday, May 6, 2016

Wesco International Earnings Analysis

The first quarter was never going to be a pretty one for Wesco International (NYSE:WCC). Compared to other industrial suppliers like MSC Industrial Direct, Wesco has a lot of exposure to the kind of heavy industrial activities (metals, mining, energy) that have suffered the most in the recent slowdown. However, given the startling recovery in industrial supply company stock prices in 2016, the market is clearly preparing for a turnaround in conditions. Let's take a look at the facts behind Wesco's first quarter to shed more light on the matter.

WCC Chart
WCC data by YCharts.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED