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CNXN — PC Connection News Story

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PC Connection Inc reports results for the quarter ended June 30 - Earnings Summary

PC Connection Inc CNXN.OQ reported quarterly adjusted earnings of 97 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 99 cents.  The mean expectation of two analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 88 cents to 93 cents per share.

Revenue rose 3.2% to $759.69 million from a year ago; analysts expected $764.08 million.

PC Connection Inc's reported EPS for the quarter was 97 cents​.

The company reported quarterly net income of $24.79 million.

PC Connection Inc shares had fallen by 2.4% this quarter and lost 7.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated hardware & software peer group is  "buy."

Wall Street's median 12-month price target for PC Connection Inc is $76.00, about 15.5% above its last closing price of $64.22

This summary was machine generated from LSEG data July 30 at 09:02 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 20250.910.97Beat
Mar. 31 20250.420.51Beat
Dec. 31 20240.900.78Missed
Sep. 30 20241.011.02Beat

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