CDW Corp expected to post earnings of $2.15 a share - Earnings Preview

CDW

29/04/2024 16:28

* CDW Corp  CDW.OQ   CDW.O  is expected to show a fall in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Vernon Hills Illinois-based  company is expected to
report a
2.0% decrease in revenue to $5.002 billion from $5.1 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for CDW Corp is for earnings
of
$2.15 per share. The company's EPS guidance on February 7 2024,
for the period ended March 31, was between $2.07 and $2.13 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CDW Corp is
$265.00​, above​ its last closing price of $242.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.56        2.56       2.57      Beat    0.4
 Sep. 30 2023  2.60        2.60       2.72      Beat    4.7
 Jun. 30 2023  2.34        2.33       2.56      Beat    9.8​
 Mar. 31 2023  2.00        2.01       2.03      Beat    1.2
 ​​Dec.        2.50        2.48       2.50      Beat    0.7
 31 2022                                                
 Sep. 30 2022  2.53        2.52       2.60      Beat    3​
 Jun. 30 2022  2.43        2.42       2.49      Beat    2.7
 Mar. 31 2022  2.01        2.01       2.20      Beat    9.3
 This summary was machine generated April 29 at 15:28 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)