CDW Q3 2024 Adj. EPS $2.63 Misses $2.85 Estimate, Sales $5.517B Miss $5.719B Estimate
Portfolio Pulse from Benzinga Newsdesk
CDW reported Q3 2024 earnings per share of $2.63, missing the analyst estimate of $2.85. Sales were $5.517 billion, below the expected $5.719 billion, and a 1.97% decrease from the previous year.
October 30, 2024 | 11:03 am
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CDW's Q3 2024 earnings and sales both missed analyst estimates, with EPS at $2.63 and sales at $5.517 billion. This represents a decrease in sales compared to the same period last year.
CDW's earnings and sales both missed analyst expectations, which is likely to negatively impact the stock price in the short term. The miss in EPS by 7.72% and sales by 3.53% indicates weaker performance than anticipated, which could lead to investor disappointment and a potential sell-off.
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IMPORTANCE 80
RELEVANCE 100