CDW Corp/De (CDW) Earnings: 2Q Adjusted EPS Misses Estimates Amid Economic Uncertainty

Cdw Corp/De on Smartkarma

Analysts on Smartkarma are closely monitoring CDW Corporation/De, with notable research reports published by Baptista Research. In their report titled “CDW Corporation: How Is The Assessment and Experimentation Stage of AI Progressing? – Major Drivers,” Baptista Research expressed a bullish sentiment following CDW’s Q1 2024 earnings. Despite market challenges, CDW demonstrated resilience with a gross profit of $1.1 billion and a non-GAAP operating income of $404 million. The Q1 gross margin set a record, underscoring CDW’s strong profitability and strategic integrity.

In another report by Baptista Research titled “CDW Corporation: Continued Focus on AI Investments & 5 Major Catalysts For Future Growth – Financial Forecasts,” analysts highlighted CDW’s performance in the fourth quarter of monetary 2023. Despite a 7.7% decrease in net sales compared to the previous year, the company reported a gross profit of $1.15 billion, showcasing its ability to deliver strong outcomes in a challenging market. With a focus on being a trusted advisor in complex technologies, CDW saw a rise in non-GAAP operating income and non-GAAP net income per share year-on-year, signaling a positive outlook for future growth.

A look at Cdw Corp/De Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CDW Corporation of Delaware, a provider of information technology products and services, seems to have a positive long-term outlook based on the Smartkarma Smart Scores analysis. With a strong Growth score of 4, the company is projected to experience solid expansion in the future, indicating potential for increasing market share and profitability. Additionally, the Momentum score of 3 suggests that the company is gaining traction and could potentially outperform competitors in the near future.

While CDW Corp/De scores average in terms of Value, Dividend, and Resilience, the overall positive outlook on Growth and Momentum factors indicates potential for sustained growth and competitiveness in the industry. As a provider of hardware, software, cloud computing, and security solutions to various sectors in North America, including business, government, education, and healthcare customers, CDW Corp/De is positioned for continued success in the evolving technology market.

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