WESCO Intl Reaffirms FY24 Sales Growth Of 1% To 4%, Adjusted EBITDA Margin Of 7.5% To 7.9%
Portfolio Pulse from Benzinga Newsdesk
WESCO International has reaffirmed its fiscal year 2024 sales growth forecast to be between 1% to 4% and expects its adjusted EBITDA margin to range from 7.5% to 7.9%.
May 02, 2024 | 10:04 am
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POSITIVE IMPACT
WESCO International reaffirms its FY24 sales growth forecast of 1% to 4% and adjusted EBITDA margin of 7.5% to 7.9%.
Reaffirming its fiscal year 2024 sales growth and adjusted EBITDA margin forecasts indicates WESCO International's confidence in its business strategy and operational efficiency. This positive outlook is likely to reassure investors about the company's future performance, potentially leading to a favorable impact on its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100