Picture of CDW logo

CDW CDW News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyBalancedLarge CapNeutral

CDW Corp reports results for the quarter ended June 30 - Earnings Summary

CDW Corp CDW.OQ reported quarterly adjusted earnings of $2.60​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.50.  The mean expectation of ten analysts for the quarter was for earnings of $2.49 per share. Wall Street expected results to range from $2.45  to $2.55 per share.

Revenue rose 10.2% to $5.98 billion from a year ago; analysts expected $5.51 billion.

CDW Corp's reported EPS for the quarter was $2.05​.

The company reported quarterly net income of $271.2 million.

CDW Corp shares had fallen by 7.5% this quarter and lost 5.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.2% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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 average consensus recommendation for the integrated hardware & software peer group is also "buy"

Wall Street's median 12-month price target for CDW Corp is $210.00, about 21.3% above its last closing price of $165.24

This summary was machine generated from LSEG data August 6 at 01:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.492.60Beat
Mar. 31 20251.962.15Beat
Dec. 31 20242.322.48Beat
Sep. 30 20242.852.63Missed

Recent news on CDW

See all news