CDW Stock Recent News

CDW Corporation (NASDAQ:CDW ) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Steve O'Brien - Investor Relations Chris Leahy - Chair & Chief Executive Officer Al Miralles - Chief Financial Officer Conference Call Participants Samik Chatterjee - JPMorgan Erik Woodring - Morgan Stanley David Vogt - UBS Amit Daryanani - Evercore ISI Matt Sheerin - Stifel George Wang - Barclays Ruplu Bhattacharya - Bank of America Adam Tindle - Raymond James Operator Hello, everybody, and welcome to CDW Third Quarter 2023 Earnings Call. My name is Sam, and I'll be coordinating your call.

PTC's fiscal fourth-quarter performance is likely to have benefited from increased demand for its products and services amid a volatile macroeconomic environment.

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.

CDW (CDW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

CDW Corporation is a leading provider of IT solutions, with diversification and strong recent performance suggesting signs of stabilization. The company operates as a middleman in the IT ecosystem, serving over 250,000 customers, which reduces dependency on a few clients. CDW has outperformed its industry and the S&P 500, with potential for growth in the fragmented IT market.

CDW's second-quarter performance is affected due to weakness across Corporate and Small Business segments.

CDW (CDW) came out with quarterly earnings of $2.56 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $2.49 per share a year ago.

CDW's second-quarter performance is likely to have benefited from solid demand for hardware and software products.

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that it will host a webcast conference call to discuss its second quarter 2023 results on Wednesday, August 2, 2023, at 7:30 a.m. CT/8:30 a.m. ET. A live webcast (audio with slides) of the conference call will be accessible at investor.

Investors interested in Computers - IT Services stocks are likely familiar with CDW (CDW) and ServiceNow (NOW). But which of these two stocks offers value investors a better bang for their buck right now?