CDW Q1 Adj $1.92 Misses $2.15 Estimate, Sales $4.87B Miss $5.00B Estimate
Portfolio Pulse from Benzinga Newsdesk
CDW reported Q1 adjusted earnings of $1.92 per share, missing the $2.15 estimate, and sales of $4.87B, below the $5.00B estimate. This represents a decrease from the previous year's earnings and sales.
May 01, 2024 | 11:04 am
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NEGATIVE IMPACT
CDW's Q1 earnings and sales missed analyst estimates, indicating a potential negative short-term impact on its stock price.
Missing both earnings and sales estimates can lead to negative investor sentiment and potential sell-off, impacting CDW's stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100