CDW Corporation (CDW)
Compared to Estimates, CDW (CDW) Q2 Earnings: A Look at Key Metrics
The headline numbers for CDW (CDW) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
CDW Corporation (CDW) Q2 2024 Earnings Call Transcript
CDW Corporation (NASDAQ:CDW ) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Steve O'Brien - Vice President-Investor Relations Chris Leahy - Chair and Chief Executive Officer Al Miralles - Senior Vice President and Chief Financial Officer Conference Call Participants Amit Daryanani - Evercore ISI Matthew Sheerin - Stifel Keith Housum - Northcoast Research Asiya Merchant - Citigroup Ruplu Bhattacharya - Bank of America/Merrill Lynch George Wang - Barclays Samik Chatterjee - JPMorgan Adam Tindle - Raymond James Operator Good morning, all. Thank you for joining us for the CDW Second Quarter 2024 Earnings Call.
CDW's Q2 Earnings Miss Estimates, Revenues Decrease Y/Y
CDW's second-quarter performance is adversely impacted by a slowdown across the Corporate, Small Business and Public segments businesses.
CDW (CDW) Q2 Earnings Lag Estimates
CDW (CDW) came out with quarterly earnings of $2.50 per share, missing the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $2.56 per share a year ago.
Exploring Analyst Estimates for CDW (CDW) Q2 Earnings, Beyond Revenue and EPS
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for CDW (CDW), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
CDW Gears Up to Report Q2 Earnings: What's in the Offing?
CDW's second-quarter performance is likely to have been affected by global macroeconomic volatility.
CDW Corporation: 2 Major Growth Catalysts Ahead
CDW Corp. is given a buy rating due to two strong catalysts: the PC refreshment cycle in 2H24 and demand for AI PCs and AI-related implementations. The tough macro environment is expected to continue impacting CDW's near-term performance, with revenue declining for the 6th consecutive quarter. The PC refreshment cycle and increasing availability of AI PCs are expected to drive growth for CDW in the medium term.
Why Is CDW (CDW) Up 2% Since Last Earnings Report?
CDW (CDW) reported earnings 30 days ago. What's next for the stock?
