Reported Earlier, Wesco Reaffirmed Its 2024 Outlook: Sales $21.6B-$22B Vs. 22.22B Est., And Adj. EPS $12-$13 Vs. $12.12 Est.
Portfolio Pulse from Benzinga Newsdesk
Wesco reaffirmed its 2024 financial outlook, projecting sales between $21.6 billion and $22 billion, which is below the estimated $22.22 billion. The adjusted EPS is expected to be between $12 and $13, aligning closely with the estimated $12.12.
November 01, 2024 | 11:36 am
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Wesco reaffirmed its 2024 outlook with sales projections slightly below estimates, while adjusted EPS aligns closely with expectations.
Wesco's reaffirmed sales outlook is below market estimates, which could negatively impact investor sentiment and the stock price in the short term. However, the adjusted EPS aligns closely with expectations, which may mitigate some negative impact.
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