WESCO International (WCC)

NYSEIndustrialsIndustrial - DistributionSnapshot 2026-10-23

$318.02-1.75%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge WESCO International’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

+0.4%

+10% or more+5%0%−5%−10% or less

20.03 → 20.11 EPS · FY ending Dec 31, 2027 · 8 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 8 to 8; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	6.59B
EPS	—	4.242
Annual ending 2026-12-31
Revenue	—	26.2B
EPS	—	16.871
Annual ending 2027-12-31
Revenue	—	27.87B
EPS	—	20.107

Management figures unavailable.

What the Thesis Depends On

4 published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain or raise EPS guidance for FY 2026 at least $16.08	The company raised EPS guidance for 2026, showing confidence.	Under Pressure	EPS guidance falls below $13.1 for FY 2026	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Increase net income to at least $153.8M quarterly	Profit rises with operating income up to $293.5M and net income to $153.8M.	Intact	Net income falls below $118.4M next quarter	Net income: $209M FY2026-Q2; GAAP. Published target: >= $153.8M net income next quarter. Target period is not explicitly aligned with this observation. Source published Jul 30, 2026209,000,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 8caa9662-42c7-4e6c-9f4d-1e59deabfd1f. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 2 of last 2 quarters. Net income increased from $153.8 million in 2026-Q1 to $209 million in 2026-Q2, while adjusted diluted EPS rose from $3.37 to $4.57. These gains align with management's stated focus on driving net income and EPS growth through operational efficiency and sales expansion, indicating delivering progress. Delivery assessment Oct 24, 2026
Improve operating income to at least $293.5M quarterly	Profit rises with operating income up to $293.5M and net income to $153.8M.	Intact	Operating income falls below $240.9M next quarter	Operating income: $382.2M FY2026-Q2; GAAP. Published target: >= $293.5M operating income next quarter. Target period is not explicitly aligned with this observation. Source published Jul 30, 2026382,200,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 8caa9662-42c7-4e6c-9f4d-1e59deabfd1f. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 2 of last 2 quarters. Operating margin improved from 4.8% in 2026-Q1 to 5.7% in 2026-Q2, and adjusted EBITDA margin increased from 6.4% to 7.3% over the same period. Management's focus on gross margin expansion and operating cost leverage is reflected in these margin improvements, indicating delivering progress. Delivery assessment Oct 24, 2026
Sustain revenue growth at or above 7% annually	A primary condition in WESCO International's published investment case. The stated target is >=7% YoY revenue growth.	Under Pressure	YoY revenue growth falls below 7% next year	Revenue growth: 12.98% FY2026-Q2; GAAP. Published target: >=7% YoY revenue growth. Target period is not explicitly aligned with this observation. Source published Jul 30, 202612.975456 percent · calculatedSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 8caa9662-42c7-4e6c-9f4d-1e59deabfd1f. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 2 of last 2 quarters. Revenue grew from $6.08B in 2026-Q1 to $6.67B in 2026-Q2, representing 14% and 13% year-over-year growth respectively. Management's emphasis on double-digit organic sales growth fueled by data centers and infrastructure projects is delivering with consistent strong revenue increases. Delivery assessment Oct 24, 2026

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$20.11

$18.92 → $20.11 · observed estimates

FY2027 revenue$27.87B

$26.98B → $27.87B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$18.92	$26,977,329,340	8 / 8
2026-07-25	$18.79	$26,946,857,000	11 / 10
2026-07-26	$18.92	$26,977,329,340	8 / 8
2026-07-27	$18.79	$26,946,857,000	11 / 10
2026-07-28	$18.79	$26,946,857,000	11 / 10
2026-07-29	$18.79	$26,949,303,400	11 / 10
2026-07-30	$18.92	$26,979,775,740	8 / 8
2026-07-31	$18.79	$26,949,303,400	11 / 10
2026-08-01	$19.67	$27,644,731,273	8 / 8
2026-08-02	$19.93	$27,793,903,200	11 / 10
2026-08-03	$19.73	$27,724,661,823	8 / 8
2026-08-04	$19.93	$27,793,903,200	11 / 10
2026-08-05	$20.04	$27,870,913,200	11 / 10
2026-08-06	$19.73	$27,724,661,823	8 / 8
2026-08-08	$19.73	$27,724,661,823	8 / 8
2026-08-09	$20.04	$27,870,913,200	11 / 10
2026-08-10	$19.73	$27,724,661,823	8 / 8
2026-08-12	$20.04	$27,870,913,200	11 / 10
2026-08-13	$20.04	$27,870,913,200	11 / 10
2026-08-14	$19.73	$27,724,661,823	8 / 8
2026-08-15	$19.73	$27,724,661,823	8 / 8
2026-08-16	$19.73	$27,724,661,823	8 / 8
2026-08-17	$19.73	$27,724,661,823	8 / 8
2026-08-18	$19.73	$27,724,661,823	8 / 8
2026-08-19	$19.73	$27,724,661,823	8 / 8
2026-08-20	$20.02	$27,862,662,444	8 / 8
2026-08-21	$20.02	$27,862,662,444	8 / 8
2026-08-22	$20.02	$27,862,662,444	8 / 8
2026-08-23	$20.02	$27,862,662,444	8 / 8
2026-08-24	$20.02	$27,862,662,444	8 / 8
2026-08-25	$20.02	$27,862,662,444	8 / 8
2026-08-26	$20.02	$27,862,662,444	8 / 8
2026-08-27	$20.02	$27,862,662,444	8 / 8
2026-08-28	$20.02	$27,862,662,444	8 / 8
2026-08-29	$20.02	$27,862,662,444	8 / 8
2026-08-30	$20.02	$27,862,662,444	8 / 8
2026-08-31	$20.02	$27,862,662,444	8 / 8
2026-09-01	$20.02	$27,862,662,444	8 / 8
2026-09-02	$20.02	$27,862,662,444	7 / 8
2026-09-03	$20.02	$27,862,662,444	7 / 8
2026-09-04	$20.02	$27,862,662,444	7 / 8
2026-09-05	$20.02	$27,862,662,444	7 / 8
2026-09-06	$20.02	$27,862,662,444	7 / 8
2026-09-07	$20.02	$27,862,662,444	7 / 8
2026-09-08	$20.02	$27,862,662,444	7 / 8
2026-09-09	$20.02	$27,862,662,444	7 / 8
2026-09-10	$20.02	$27,862,662,444	7 / 8
2026-09-11	$20.02	$27,862,662,444	7 / 8
2026-09-12	$20.02	$27,862,662,444	7 / 8
2026-09-13	$20.02	$27,862,662,444	7 / 8
2026-09-14	$20.02	$27,862,662,444	7 / 8
2026-09-15	$20.02	$27,862,662,444	7 / 8
2026-09-16	$20.03	$27,864,551,333	7 / 8
2026-09-17	$20.03	$27,864,551,333	8 / 8
2026-09-18	$20.03	$27,864,551,333	8 / 8
2026-09-19	$20.03	$27,864,551,333	8 / 8
2026-09-20	$20.03	$27,864,551,333	8 / 8
2026-09-21	$20.03	$27,864,551,333	8 / 8
2026-09-22	$20.03	$27,864,551,333	8 / 8
2026-09-23	$20.03	$27,864,551,333	8 / 8
2026-09-24	$20.03	$27,864,551,333	8 / 8
2026-09-25	$20.03	$27,864,551,333	8 / 8
2026-09-26	$20.03	$27,864,551,333	8 / 8
2026-09-27	$20.03	$27,864,551,333	8 / 8
2026-09-28	$20.03	$27,864,551,333	8 / 8
2026-09-29	$20.03	$27,864,551,333	8 / 8
2026-09-30	$20.03	$27,864,551,333	8 / 8
2026-10-01	$20.03	$27,864,551,333	8 / 8
2026-10-02	$20.03	$27,864,551,333	8 / 8
2026-10-03	$20.03	$27,864,551,333	8 / 8
2026-10-04	$20.03	$27,864,551,333	8 / 8
2026-10-05	$20.03	$27,864,551,333	8 / 8
2026-10-06	$20.03	$27,864,546,701	8 / 8
2026-10-07	$20.03	$27,864,546,701	8 / 8
2026-10-08	$20.03	$27,864,546,701	8 / 8
2026-10-09	$20.03	$27,864,546,701	8 / 8
2026-10-10	$20.03	$27,864,546,701	8 / 8
2026-10-11	$20.03	$27,864,546,701	8 / 8
2026-10-12	$20.03	$27,864,546,701	8 / 8
2026-10-13	$20.06	$27,864,546,701	8 / 8
2026-10-14	$20.06	$27,864,546,701	8 / 8
2026-10-15	$20.08	$27,865,457,812	8 / 8
2026-10-16	$20.08	$27,865,457,812	8 / 8
2026-10-17	$20.08	$27,865,457,812	8 / 8
2026-10-18	$20.11	$27,865,457,812	8 / 8
2026-10-19	$20.11	$27,865,457,812	8 / 8
2026-10-20	$20.11	$27,865,457,812	8 / 8
2026-10-21	$20.11	$27,865,457,812	8 / 8
2026-10-22	$20.11	$27,865,457,812	8 / 8
2026-10-23	$20.11	$27,865,457,812	8 / 8
2026-10-24	$20.11	$27,865,457,812	8 / 8

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-05-01	9	1	2
2026-06-01	9	1	1
2026-07-01	10	1	2
2026-08-01	10	0	1
2026-09-01	10	0	1
2026-10-01	10	0	2

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 10 Buy / Strong Buy · 0 Hold · 2 Sell / Strong Sell

0 upgrades0 downgrades2 maintains

Recent actions · Sep 25–Oct 24 · 2 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain or raise EPS guidance for FY 2026 at least $16.08Published status: Under Pressure
Increase net income to at least $153.8M quarterlyNet income: $209M
Improve operating income to at least $293.5M quarterlyOperating income: $382.2M
Sustain revenue growth at or above 7% annuallyPublished status: Under Pressure

Next proof point

Oct 29, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.7%Typical daily move · historical

Downside history

-20.5%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

WESCO International outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

WCC is an industrial distribution business with a growth and execution-driven multi-year view. The thesis is intact: recent financial performance remains in the top half of its industry, though management volatility and elevated risk temper the picture.

What's priced into WESCO International

The valuation evidence describes WCC as cheap versus peers, with an expectations gap of -0.15 and medium model confidence. The priced-in assessment is justified, with low fragility; valuation rose recently, but the evidence does not show that expectations are unusually stretched.

What the fundamentals likely do

Near-term results show strong revenue growth and improving operating and adjusted EBITDA margins, alongside higher net income and adjusted diluted EPS. These trends support management’s stated priorities, but the industrials sector is a headwind and the company has a history of a deep miss. Near-term miss risk is described as low.

What WESCO International hinges on

A key swing factor is whether WCC maintains its recently raised guidance; a reversal could damage management credibility as well as lower expectations. Over the multi-year view, continued execution on sales growth and profitability matters, while industrial bellwethers’ results may signal whether sector support strengthens or fades.