BUZZ-Wesco International rises on quarterly revenue beat, dividend hike
ReutersFeb 11, 2025 3:36 PM
Shares of business-to-business distributor and logistics provider Wesco International WCC.N up 2.98% at $190.89
Company reports revenue of $5.50 billion for Q4, above analysts' estimates of $5.41 billion, according to data compiled by LSEG
WCC posts adj. EPS of $3.16, below analysts' estimates of $3.23
Company to increase common stock dividend by 10% in 2025 to $1.82/shr
Also expects FY25 organic sales to grow 2.5% to 6.5%
WCC shares rose 4.07% in 2024
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