WESCO Q4 Earnings Miss Estimates, Sales Increased Y/Y: Stock Rises
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WESCO's Q4 2024 earnings missed estimates due to challenges in the UBS segment and shrinking margins, but sales increased year-over-year. Despite the earnings miss, the stock price rose.
February 12, 2025 | 7:15 pm
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WESCO's Q4 2024 earnings missed estimates due to UBS segment struggles and shrinking margins, but sales increased year-over-year. Despite the earnings miss, the stock price rose.
WESCO's earnings miss was offset by a year-over-year sales increase, which may have reassured investors, leading to a stock price rise. The market may be focusing on the positive sales growth rather than the earnings miss.
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