CDW Corp expected to post earnings of $2.56 a share - Earnings Preview

CDW

05/02/2024 13:39

* CDW Corp  CDW.OQ   CDW.O  is expected to show a fall in
quarterly revenue when it reports  results on February 7 for the
period ending December 31 2023
    * The Vernon Hills Illinois-based  company is expected to
report a
2.1% decrease in revenue to $5.324 billion from $5.44 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data. (Revenue Majority is on Total Revenue)
    * ​LSEG's mean analyst estimate for CDW Corp is for earnings
of
$2.56 per share. The company's EPS guidance on November 1 2023,
for the period ended December 31, was between $2.53 and $2.58 
    * 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
$233.50​, above​ its last closing price of $232.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  2.50        2.48       2.50      Beat    0.7
 ​​Sep.        2.53        2.52       2.60      Beat    3
 30 2022                                                
 Jun. 30 2022  2.43        2.42       2.49      Beat    2.7​
 Mar. 31 2022  2.01        2.01       2.20      Beat    9.3
 Dec. 31 2021  1.96        1.93       2.08      Beat    7.8
 This summary was machine generated February 5 at 13:39 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)