CDW Corp expected to post earnings of $2.85 a share - Earnings Preview

CDW

28/10/2024 13:06

* CDW Corp  CDW.OQ   CDW.O  is expected to show a rise in
quarterly revenue when it reports  results on October 30 for the
period ending September 30 2024
    * The Vernon Hills Illinois-based  company is expected to
report a
1.6% increase in revenue to $5.719 billion from $5.63 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
$2.85 per share. The company's EPS guidance on July 31 2024, for
the period ended September 30, was between $2.83 and $2.88 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"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
$245.00​, above​ its last closing price of $217.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  2.53        2.53       2.50      Missed  -1.2
 Mar. 31 2024  2.14        2.15       1.92      Missed  -10.6
 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.        2.34        2.33       2.56      Beat    9.8
 30 2023                                                
 Mar. 31 2023  2.00        2.01       2.03      Beat    1.2​
 Dec. 31 2022  2.50        2.48       2.50      Beat    0.7
 Jan. 1 0001   2.53        2.52       2.60      Beat    3
 This summary was machine generated October 28 at 13:06 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)