Find Out if You Qualify for a Financial Reward by filling out the form below.
Investigation Details
On February 13, 2024, Wesco released its quarterly earnings for Q4-2023, which the Company described as “very disappointing” with sales and revenues below expectations. Analysts characterized the quarterly results as a “massacre.”
The Company attributed sluggish revenues to higher-than-anticipated SG&A expenses, especially health care costs. However, analysts questioned this explanation and questioned the Company’s methods of generating its earnings projections, especially in light of the rapidly increased SG&A costs.
Following the release of the Q4-2023 earnings report, WCC shares fell $61.24, or 31.8%, to $132.59.
Ticker Symbol | Company Name | Join Deadline | |
---|---|---|---|
NFE | New Fortress Energy Inc. | November 18, 2024 | Join |
MGX | Metagenomi, Inc. | November 25, 2024 | Join |
BMBL | Bumble Inc. | November 25, 2024 | Join |
UPS | United Parcel Service, Inc. | December 09, 2024 | Join |
EW | Edwards Lifesciences Corporation | December 13, 2024 | Join |
TD | The Toronto-Dominion Bank | December 23, 2024 | Join |