CDW Q4 Adj. EPS $2.57 Beats $2.56 Estimate, Sales $5.02B Miss $5.32B Estimate
Portfolio Pulse from Benzinga Newsdesk
CDW reported Q4 adjusted earnings of $2.57 per share, slightly beating the estimate of $2.56, marking a 2.8% increase from last year. However, their quarterly sales of $5.02B fell short of the $5.32B estimate, a 7.71% decrease from the previous year.
February 07, 2024 | 12:04 pm
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CDW's Q4 earnings slightly exceeded expectations, but sales missed estimates, indicating mixed financial health.
While CDW's earnings per share slightly exceeded analyst expectations, the miss on sales estimates could concern investors about the company's revenue growth and market demand. The mixed results may lead to short-term uncertainty in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100