CDW Corp reports results for the quarter ended in June - Earnings Summary

CDW

02/08/2023 14:31

* CDW Corp  CDW.OQ  reported quarterly adjusted earnings of
$2.56​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for earnings
of $2.33 per share.
    * Revenue fell 8.5% to $5.63 billion from a year ago;
analysts
expected $5.38 billion. 
    * CDW Corp's reported EPS for the quarter was $1.92​.
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * CDW Corp shares had risen by 2.1% this quarter and
gained 4.9%
so far this year.
    * The company reported quarterly net income of $262.6
million.
    * Wall Street's median 12-month price target for CDW Corp is
$200.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.33           2.56           Beat
 Mar. 31 2023      2.01           2.03           Beat
 Dec. 31 2022      2.48           2.50           Beat
 Sep. 30 2022      2.52           2.60           Beat