Data Center Growth Offsets Utility Weakness as Tariff Uncertainty Looms

From StockStory: 2025-05-14 17:53:00

WESCO (NYSE: WCC) reported revenue of $5.34 billion in Q1 CY2025, beating analyst estimates by 1.8%. However, adjusted EPS of $2.21 fell short of expectations by 4.7%. The company highlighted growth in data center and broadband segments, offset by weakness in utility markets. Management reaffirmed full-year outlook despite uncertainty from global tariffs. WESCO expects utility market recovery and sustained data center demand to drive future performance. Analysts are monitoring tariff-related pricing impact, utility segment recovery, and data center momentum in upcoming quarters. WESCO trades at a forward P/E ratio of 12.2x post-earnings.

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