Asia FX muted, dollar fragile as CPI data boosts Sept rate cut bets
Investing.com - WESCO reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
WESCO announced earnings per share of $4.49 on revenue of $5.45B. Analysts polled by Investing.com EPS of $4.44 on revenue of $5.51B.
WESCO 's are up 17.25% and is trading at $137.28 , still down 6.64% from its 52 week high of $147.05 set on Monday, September 12, 2022.
WESCO follows other major Industrials sector earnings this month
WESCO's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar