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WCCBearishEarningsnews
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Countdown to Wesco International (WCC) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

May 1, 2024, 10:23 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Analysts project Wesco International to announce quarterly earnings of $2.43 per share, a 35.2% decline. - Revenues are estimated to be $5.3 billion, a 4.1% decrease from the previous year. - Consensus EPS estimate has been revised down by 0.8% in the past month. - Strong correlation between earnings estimate revisions and short-term stock price performance. - Analysts expect declines in revenues across different solution categories and geographic regions. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Analysts project Wesco International to announce quarterly earnings of $2.43 per share, a 35.2% decline.
  • Revenues are estimated to be $5.3 billion, a 4.1% decrease from the previous year.
  • Consensus EPS estimate has been revised down by 0.8% in the past month.
  • Strong correlation between earnings estimate revisions and short-term stock price performance.
  • Analysts expect declines in revenues across different solution categories and geographic regions.

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