WESCO shares should be bought on weakness, says MKM Partners After WESCO reported lower than expected Q4 EPS, MKM Partners believes that earnings-related weakness in WESCO creates an attractive entry point in the stock for all investors. The firm believes that the company may report results that are stronger than the average of its peers in 2H13.
WESCO sees FY16 EPS $3.75-$4.20, consensus $3.84 Sees FY16 sales flat to down 5%, consensus $7.31B. Sees FY16 operating margin 4.48%-5%. Sees FY16 free cash flow greater than 90% of net income. Guidance from earnings presentation slides.