WESCO Q1 Earnings Miss Estimates, Sales Slip Y/Y, Stock Rises – May 2, 2025
From Zacks Investment Research: 2025-05-02 13:54:00
WESCO International (WCC) reported first-quarter 2025 adjusted earnings of $2.21 per share, down 3.9% year over year, missing the Zacks Consensus Estimate by 0.90%. Net sales were $5.34 billion, down 0.1% year over year, beating estimates by 2.10%. WCC shares rose 0.97% in pre-market trading. The company expects organic sales growth between 2.5% and 6.5% for 2025, with adjusted diluted EPS between $12 and $14.50 per share. WCC carries a Zacks Rank #3. Other better-ranked stocks in the Computer and Technology sector include NCR Atleos, Synchronoss Technologies, and Qualys with Zacks Ranks #1 and #2.
Read more at Zacks Investment Research: WESCO Q1 Earnings Miss Estimates, Sales Slip Y/Y, Stock Rises – May 2, 2025