For the quarter ended March 2024, CDW (CDW) reported income of $4.87 billion, down 4.5% over the identical interval final 12 months. EPS got here in at $1.92, in comparison with $2.03 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $4.94 billion, representing a shock of -1.29%. The corporate delivered an EPS shock of -11.11%, with the consensus EPS estimate being $2.16.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders challenge a inventory’s value efficiency extra precisely.
Right here is how CDW carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Public- Authorities: $543.30 million versus $532.66 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -1.5% change.
- Internet sales- Public: $1.72 billion in comparison with the $1.68 billion common estimate based mostly on three analysts. The reported quantity represents a change of -4.9% 12 months over 12 months.
- Public- Healthcare: $584.60 million versus $513.69 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -1.9% change.
- Internet sales- Small Enterprise: $380.90 million in comparison with the $387.83 million common estimate based mostly on three analysts. The reported quantity represents a change of -7.4% 12 months over 12 months.
- Public- Schooling: $596.80 million in comparison with the $637.56 million common estimate based mostly on three analysts. The reported quantity represents a change of -10.4% 12 months over 12 months.
- Internet sales- Company: $2.14 billion versus $2.19 billion estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -3.1% change.
- Internet sales- Different: $631.20 million versus $642.78 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -6.5% change.
- Internet sales- Main Product and Companies- Different: $26.40 million versus $27.96 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a -6.1% change.
- Internet sales- Main Product and Companies- {Hardware}- Notebooks/Cellular Units: $1.14 billion versus the two-analyst common estimate of $1.08 billion. The reported quantity represents a year-over-year change of +7.2%.
- Internet sales- Main Product and Companies- {Hardware}- Netcomm Merchandise: $569.90 million in comparison with the $642.39 million common estimate based mostly on two analysts. The reported quantity represents a change of -23.5% 12 months over 12 months.
- Internet sales- Main Product and Companies- {Hardware}- Desktops: $258.40 million versus $238.55 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +0.2% change.
- Internet sales- Main Product and Companies- {Hardware}: $3.55 billion versus the two-analyst common estimate of $3.52 billion. The reported quantity represents a year-over-year change of -3.9%.
View all Key Company Metrics for CDW here>>>
Shares of CDW have returned -3.9% over the previous month versus the Zacks S&P 500 composite’s -4.1% change. The inventory at present has a Zacks Rank #2 (Purchase), indicating that it may outperform the broader market within the close to time period.
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CDW Corporation (CDW) : Free Stock Analysis Report
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