WESCO Intl's Earnings Outlook
Portfolio Pulse from Benzinga Insights
WESCO Intl (NYSE:WCC) is anticipated to report an EPS of $3.87 in its upcoming quarterly earnings on 2024-02-13. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. WESCO's past earnings performance shows a pattern of beating EPS estimates, leading to positive stock price movements. Currently, WCC shares are trading at $193.83, marking a 17.1% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
February 12, 2024 | 3:01 pm
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POSITIVE IMPACT
WESCO Intl is expected to report an EPS of $3.87 for the upcoming quarter, with past performance indicating potential for a positive outcome. Shares have risen 17.1% over the last year, reflecting investor optimism.
Given WESCO Intl's history of surpassing EPS estimates and the subsequent positive impact on its stock price, there is a strong likelihood of a positive short-term impact on WCC's stock price if the company beats the EPS estimate again and provides favorable future guidance. The 17.1% year-over-year increase in share price further supports investor confidence in the company's performance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100