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WESCO International, Inc. (WCC) provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. 
It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS).
The EES segment supplies products and supply chain solutions, including electrical equipment and supplies, automation and connected devices, security, lighting, wire and cable, and safety, as well as maintenance, repair, and operating (MRO) products. This segment also offers contractor solutions, direct and indirect manufacturing supply chain optimization programs, lighting and renewables advisory services, and digital and automation solutions.
The CSS segment operates in the network infrastructure and security markets. This segment sells products directly to end-users or through various channels, including data communications contractors, security, network, professional audio/visual, and systems integrators. It also provides safety and energy management solutions.
The UBS segment offers products and services to investor-owned utilities; public power companies; and service and wireless providers, broadband operators, and contractors.
The Company reported Quarter December 2021 earnings of $3.17 per share on revenue of $4.9 billion. The consensus earnings estimate was $2.55 per share on revenue of $4.7 billion. Revenue grew 17.5% on a year-over-year basis.
The company said it expects 2022 earnings of $11.00 to $12.00 per share. The previous consensus earnings estimate was $10.89 per share for the year ending December 31, 2022. Since then, shares have formed a bullish "flag" and are expected to move higher from this formation. The Company reports on May 17th.
Entry Point: $134.00
Trading Range: $82.17 - $140.92
Stop Loss: $127.00
Target Price: $147.50
WCC closed at $120
