Wesco Shares Fall 16% After Cutting FY Sales Outlook
By Will Feuer Shares of Wesco fell more than 16% after the provider of supply-chain solutions cut its full-year sales outlook as pandemic-related...
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By Will Feuer Shares of Wesco fell more than 16% after the provider of supply-chain solutions cut its full-year sales outlook as pandemic-related...
Communications-Tech Firm Wesco Slumps on Earnings Miss TheStreet 2/9/2021 © TheStreet Communications-Tech Firm Wesco Slumps on Earnings Miss Wesco WCC shares slumped on Tuesday after the communications-technology provider reported fourth-quarter earnings below analyst estimates while revenue beat expectations. The Pittsburgh company earned an adjusted $1.22 a share. Analysts surveyed by FactSet were expecting $1.32. Revenue of $4.13 billion exceeded the FactSet call for $4.12 billion. "For 2021, Wesco is exceptionally well positioned to support our customers with an expanded set of pro...