CDW Corp expected to post earnings of $2.60 a share - Earnings Preview

CDW

30/10/2023 16:37

* CDW Corp  CDW.OQ   CDW.O  is expected to show a fall in
quarterly revenue when it reports  results 
    * The Vernon Hills Illinois-based  company is expected to
report 
a 5.7% decrease in revenue to $5.859 billion from $6.22 billion
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CDW Corp is for
earnings
of $2.60 per share. The company's EPS guidance on August 2 2023,
for the period ended September 30, was between $2.57 and $2.60 
    * 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
$230​, above​ its last closing price of $198.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  2.53        2.52       2.60      Beat    3
 ​​Jun.        2.43        2.42       2.49      Beat    2.7
 30 2022                                                
 Mar. 31 2022  2.01        2.01       2.20      Beat    9.3​
 Dec. 31 2021  1.96        1.93       2.08      Beat    7.8
 Sep. 30 2021  2.05        2.05       2.13      Beat    4
 This summary was machine generated October 30 at 16:37 GMT.  All
figures in US dollars  unless otherwise stated