WESCO International: Trouble at the Margins

Not all industrial recoveries are equal. That's the message in the second-quarter earnings report from supply chain solutions provider WESCO International, Inc. (NYSE: WCC). Aside from construction, the company's end markets are improving, but the lackluster nature of the recovery has led to pressure, and management cut its full-year expectations for margin and earnings. Let's take a look at the mixed earnings report.

Starting with the headline numbers compared to guidance from the previous quarter:

Results were broadly in line with expectations, but this marks the second quarter in a row in which WESCO has reported a middling quarter while other industrial companies have reported significantly improving earnings outlooks.

Source: Fool.com