WESCO Intl Q4 Adj. EPS $2.65 Misses $3.87 Estimate, Sales $5.47B Miss $5.59B Estimate
Portfolio Pulse from Benzinga Newsdesk
WESCO International (WCC) reported Q4 adjusted EPS of $2.65, missing the $3.87 estimate, and sales of $5.47B, missing the $5.59B estimate. This represents a 35.84% decrease in EPS and a 1.53% decrease in sales from the same period last year.
February 13, 2024 | 11:03 am
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WESCO International reported a significant miss in both EPS and sales for Q4, with a notable decrease from the previous year.
The miss in both earnings per share and sales compared to analyst estimates, coupled with the year-over-year decrease in these figures, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100