CDW: Q1 Earnings Insights

CDW (NASDAQ:CDW) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM. Here’s what investors…

CDW (NASDAQ:CDW) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

CDW reported in-line EPS of $2.03 versus an estimate of $2.03.

Revenue was down $845.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 0.84% increase in the share price the next day.

Here’s a look at CDW’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 2.48 2.52 2.42 2.01
EPS Actual 2.50 2.60 2.49 2.20
Revenue Estimate 6.18B 6.24B 6.19B 5.67B
Revenue Actual 5.44B 6.22B 6.15B 5.95B

To track all earnings releases for CDW visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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