CDW Stock Recent News

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.

CDW (CDW) reported earnings 30 days ago. What's next for the stock?

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The headline numbers for CDW (CDW) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

CDW's first-quarter performance is affected due to weakness across all business segments.

CDW (CDW) came out with quarterly earnings of $1.92 per share, missing the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $2.03 per share a year ago.

CDW is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

CDW's first-quarter performance is expected to have benefited from solid momentum across cloud and hardware.

Beyond analysts' top -and-bottom-line estimates for CDW (CDW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

CDW (CDW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.