CDW (CDW) FY Conference May 13, 2025 09:30 AM ET Speaker0 Thank you. I have the pleasure of hosting CW for the next session here. And we we have with us Chris Lee, who's the CEO and Al Morales who's the CFO. Thank you both for coming to the conference and thank you to the audience. Chris, Al, I'll start you off with a question that we plan to ask most companies we talk to over the next couple of days, which is you talk to a lot of customers, you get feedback continuously from the ground. How concerned shoul ...

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35985 CDW CORPORATION Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Exact name of registrant as specified in its charter) Delaware 26-0273989 (State or ot ...

For the quarter ended March 2025, CDW (CDW) reported revenue of $5.2 billion, up 6.7% over the same period last year. EPS came in at $2.15, compared to $1.92 in the year-ago quarter.The reported revenue represents a surprise of +6.25% over the Zacks Consensus Estimate of $4.89 billion. With the consensus EPS estimate being $1.96, the EPS surprise was +9.69%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, ...

CDW Corporation (CDW) reported first-quarter 2025 non-GAAP earnings per share (EPS) of $2.15, beating the Zacks Consensus Estimate of $1.96. Also, the bottom line increased approximately 12% year over year.The company’s revenues grew 6.7% year over year to $5.199 billion. The increase in net sales was primarily driven by strong customer demand for notebooks, mobile devices, desktops, software and services. This was partially offset by a decline in several hardware categories. Robust momentum across its Corp ...

CDW (CDW) Q1 2025 Earnings Call May 07, 2025 08:30 AM ET Speaker0 Ladies and gentlemen, the CDW First Quarter twenty twenty five Earnings Call will begin shortly with your host, Steve O'Brien. We appreciate your patience as we prepare your session today. During the call, we encourage participants to raise any questions they may have. As a reminder, to raise a question will be star followed by one. We will begin shortly. Good morning all and thank you for joining us for the CEW First Quarter twenty twenty fi ...

CDW (CDW) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.96 per share. This compares to earnings of $1.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.69%. A quarter ago, it was expected that this information technology company would post earnings of $2.33 per share when it actually produced earnings of $2.48, delivering a surprise of 6.44%.Over the last four quarters, the ...

CDW Corporation Webcast Conference Call May 7, 2025 Today's Agenda First Quarter 2025 Results Performance Drivers Outlook Q&A 2 Forward-Looking Statements Statements in this presentation that are not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the future financial performance, 2025 outlook, capital allocation priorities and growth pros ...

EXHIBIT 99.1 CDW Reports First Quarter 2025 Earnings | | | | | Three Months Ended March 31, | | | | --- | --- | --- | --- | --- | --- | --- | | (Dollars in millions, except per share amounts and percentage) | | 2025 | | 2024 | | Percent Change | | Net sales | $ | 5,199.1 | $ | 4,872.7 | | 6.7 | | Gross profit | $ | 1,122.3 | $ | 1,063.3 | | 5.5 | | Gross profit margin | | 21.6 | % | 21.8 | % | | | Operating income | $ | 361.4 | $ | 328.0 | | 10.2 | | Operating income margin | | 7.0 | % | 6.7 | % | | | 1 Non ...

Core Viewpoint - CDW Corporation is expected to report first-quarter 2025 results on May 7, with revenue estimates of $4.89 billion, indicating a 0.4% growth year-over-year, and earnings per share estimated at $1.96, reflecting a 2.08% increase from the previous year [1][2]. Group 1: Upcoming Results Expectations - The Zacks Consensus Estimate for revenues is $4.89 billion, suggesting a 0.4% growth from the year-ago quarter's reported figure [1]. - The consensus estimate for earnings is pegged at $1.96 per share, unchanged in the past 60 days, indicating an increase of 2.08% from the year-ago quarter's reported figure [1]. - CDW's earnings have missed the Zacks Consensus Estimate in three of the last four quarters, with an average negative surprise of 3.1% [2]. Group 2: Factors Influencing Performance - Increasing momentum in cloud and SaaS is likely to have aided CDW's top line, with security and cloud revenues benefiting from customer spending priorities on cost optimization, data protection, and workforce productivity [3]. - Elevated demand for consumer devices, particularly Notebooks and Chromebooks, along with steady growth in software and services, is expected to drive revenue growth, with Notebooks/Mobile Devices revenues estimated at $1,185.9 million, up 3.9% year-over-year [4]. - Revenues from Corporate, Government, and Healthcare sectors are expected to be $2,120.3 million, $512.4 million, and $552.3 million, reflecting declines of 0.7%, 5.7%, and 5.5%, respectively, while Education and Small Business revenues are estimated to increase by 12% and 0.4% to $668.7 million and $382.4 million [5]. Group 3: Risks and Challenges - The company faces risks from a cautious customer approach due to challenges in managing workloads, strengthening security, and upgrading aging client devices, compounded by uncertain macroeconomic conditions [6]. - Slower public spending in federal and education sectors, along with rising uncertainty in the U.K. and Canada, may negatively impact CDW's performance in the upcoming quarter [7]. Group 4: Earnings Prediction Model - The model predicts an earnings beat for CDW, supported by a positive Earnings ESP of +1.02% and a Zacks Rank of 3 (Hold), which increases the likelihood of an earnings beat [8].

Core Viewpoint - CDW is expected to report quarterly earnings of $1.96 per share, reflecting a 2.1% increase year-over-year, with revenues projected at $4.89 billion, a 0.4% increase compared to the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 2.8%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Public- Government' revenues to be $497.84 million, representing an 8.4% decrease year-over-year [4]. - 'Net sales- Public' are projected at $1.73 billion, indicating a 0.3% increase from the previous year [5]. - 'Public- Healthcare' is expected to reach $630.71 million, reflecting a 7.9% increase year-over-year [5]. - 'Net sales- Small Business' are estimated at $380.47 million, showing a slight decrease of 0.1% from the prior year [5]. - 'Public- Education' is projected at $601.26 million, a 0.8% increase from the previous year [6]. - 'Net sales- Corporate' are expected to be $2.16 billion, indicating a 0.9% increase year-over-year [6]. - 'Net sales- Other' are projected at $637.67 million, reflecting a 1% increase from the prior year [6]. Major Product and Services Estimates - 'Net sales- Major Product and Services- Other' are expected to be $25.82 million, indicating a 2.2% decrease year-over-year [7]. - 'Net sales- Major Product and Services- Hardware- Notebooks/Mobile Devices' are projected at $1.18 billion, reflecting a 3.5% increase [7]. - 'Net sales- Major Product and Services- Hardware- Netcomm Products' are estimated at $587.46 million, indicating a 3.1% increase [8]. - 'Net sales- Major Product and Services- Hardware- Desktops' are expected to reach $260.28 million, reflecting a 0.7% increase [8]. - Overall, 'Net sales- Major Product and Services- Hardware' are projected at $3.54 billion, indicating a slight decrease of 0.1% year-over-year [9]. Stock Performance - CDW shares have increased by 7.2% over the past month, contrasting with a 0.5% decline in the Zacks S&P 500 composite [9].