Materiality pending
Public signal · 1-minute delayed
Signal brief
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AI summary
What happened, with direct paths to the underlying reporting
- WESCO International reported a 38.7% decrease in adjusted earnings in Q1 2023. - Net sales fell 3.1% year over year but beat estimates. - Segments EES, CSS, and UBS saw declining sales, affecting overall sales growth. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- WESCO International reported a 38.7% decrease in adjusted earnings in Q1 2023.
- Net sales fell 3.1% year over year but beat estimates.
- Segments EES, CSS, and UBS saw declining sales, affecting overall sales growth.
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