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Wesco Says 2024 Expectations Remain Consistent With Outlook Described In Q2 Earnings Report; Continues To Expect To Adjusted EPS Of $12 To $13, Est $12.18

Wescoは、2024年の見通しが第2四半期決算報告書で説明された見通しと一貫していると述べています。引き続き、調整後のEPSが12ドルから13ドルになることを期待しており、推定は12.18ドルです。

Benzinga ·  09/26 06:08

Consistent with prior expectations, over the long term it expects to achieve mid-single-digit organic growth, driven by a strategic shift into higher growth and higher margin end markets along with continued share gains.

Over the same cycle, the company expects to grow EBITDA at twice the rate of sales, expand return on net assets, and target free cash flow of 100% of adjusted net income.

Wesco expects reported sales of (3.5)% to (1.5)% and organic sales growth of (1.5)% to 0.5% versus the prior year. The company continues to expect to deliver adjusted EBITDA of 7.0% to 7.3%, and adjusted EPS of $12 to $13.

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