Wesco Raises 2023 EPS Forecast From $15.00-$16.00 To $15.60-$16.10, Primarily Due To Lower Full-year Tax Rate
Portfolio Pulse from Benzinga Newsdesk
Wesco has increased its 2023 EPS forecast from $15.00-$16.00 to $15.60-$16.10, primarily due to a lower full-year tax rate.

November 02, 2023 | 10:12 am
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POSITIVE IMPACT
Wesco's increased 2023 EPS forecast could potentially lead to a positive impact on its stock price.
Wesco's decision to raise its 2023 EPS forecast is a positive signal to investors, as it indicates the company's confidence in its future profitability. This could potentially lead to increased investor confidence and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100