01:08 PM EDT, 08/01/2024 (MT Newswires) -- (Updates with stock price movement in headline and first paragraph.)

Wesco International ( WCC ) shares fell nearly 11% in recent Thursday trading after the company's Q2 adjusted earnings and revenue missed analysts' expectations.

Wesco reported Q2 adjusted earnings of $3.21 per diluted share, down from $3.71 a year earlier.

Analysts polled by Capital IQ expected $3.62.

Net sales for the quarter ended June 30 were $5.48 billion, compared with $5.75 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.56 billion.

Price: 156.36, Change: -18.59, Percent Change: -10.63