WESCO International Inc

WCC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$418.00	Gsvdqm	Cmnsltdj

Wesco Earnings: 2023 Ends on a Weak Note; We Remain Confident in Long-Term Prospects

Dawit Woldemariam

Feb 13, 2024

Wesco ended 2023 with a disappointing fourth quarter. We lowered our fair value estimate by 2% to $192 (from $197 previously). The decrease in our fair value is largely due to downward tweaks to our 2024 sales and margin expectations, following new guidance from Wesco.

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