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CDW (CDW) Q1 Earnings and Revenues Lag Estimates
Zacks Investment Research· 2024-05-01 13:15
CDW (CDW) came out with quarterly earnings of $1.92 per share, missing the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $2.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this information technology company would post earnings of $2.57 per share when it actually produced earnings of $2.57, delivering no surprise.Over the last four quarters, the compan ...
CDW (CDW) - 2024 Q1 - Quarterly Results
2024-05-01 11:11
EXHIBIT 99.1 Interest expense, net includes interest expense and interest income. Interest expense, net was $51 million for the first quarter of 2024, compared to $58 million for the first quarter of 2023. The decrease was primarily due to higher interest income earned on cash balances and lower debt levels, partially offset by a higher variable interest rate on the senior unsecured term loan. This release contains "forward-looking statements" within the meaning of the federal securities laws. All statement ...
Should You Buy CDW (CDW) Ahead of Earnings?
Zacks Investment Research· 2024-04-30 15:20
Investors are always looking for stocks that are poised to beat at earnings season and CDW Corporation (CDW) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because CDW is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...
What You Should Know Ahead of CDW's Q1 Earnings Release
Zacks Investment Research· 2024-04-29 17:16
CDW Corporation (CDW) is slated to report first-quarter 2024 results on May 1.The Zacks Consensus Estimate for revenues is pegged at $4.94 billion, suggesting a decline of 3.3% from the year-ago quarter’s reported figure. The consensus estimate for earnings is pegged at $2.16 per share, indicating an increase of 6.4% from the year-ago quarter’s reported figure.CDW’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 3.9%.Factors to NoteCDW’s first-qu ...
Gear Up for CDW (CDW) Q1 Earnings: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-29 14:22
The upcoming report from CDW (CDW) is expected to reveal quarterly earnings of $2.16 per share, indicating an increase of 6.4% compared to the year-ago period. Analysts forecast revenues of $4.94 billion, representing a decrease of 3.3% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's earn ...
CDW (CDW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-04-24 15:08
The market expects CDW (CDW) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 1. ...
Here's Why CDW (CDW) is a Strong Momentum Stock
Zacks Investment Research· 2024-03-19 14:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. ...
CDW (CDW) - 2023 Q4 - Annual Report
2024-02-25 16:00
We are exposed to risks from legal proceedings and audits, including intellectual property infringement claims, which may result in substantial costs and expenses or interruption of our normal business operations. We also are subject to audits by various partners, group purchasing organizations and customers, including government agencies, relating to purchases and sales under various contracts. In addition, we are subject to indemnification claims under various contracts. Table of Contents We may experienc ...
CDW to Present at the Raymond James 45th Annual Institutional Investors Conference
Businesswire· 2024-02-19 13:00
VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that Albert J. Miralles, senior vice president and chief financial officer, CDW, will present at the Raymond James 45th Annual Institutional Investors Conference to be held at the JW Marriott Orlando Grande Lakes in Orlando, Florida on Monday, Marc ...
Why CDW (CDW) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-02-15 15:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...