- CDW’s first-quarter adjusted earnings per share (EPS) reached $2.15, surpassing the estimate of $1.97 and last year’s figure of $1.92.
- The company’s net sales amounted to $5.20 billion, marking a 6.7% increase year-over-year, which exceeded the expected $4.94 billion.
- Corporate net sales grew to $2.24 billion, a 4.7% rise from the previous year, slightly above the estimated $2.23 billion.
- Public sector net sales hit $1.88 billion, showing an impressive 8.9% year-over-year growth, beating the $1.7 billion estimate.
- Sales to small businesses climbed to $404.6 million, a 6.2% increase from the prior year, exceeding the forecasted $387.3 million.
- Other net sales were $680.4 million, a 7.8% year-over-year increase, outperforming the anticipated $630.9 million.
- The gross profit for the quarter was $1.12 billion, reflecting a 5.5% rise from last year, against an expected $1.07 billion.
- Operating income reached $361.4 million, registering a 10% improvement compared to the previous year, and surpassing the estimated $350.6 million.
- The company’s stock ratings show 7 buys, 5 holds, and 0 sells.
Cdw Corp/De on Smartkarma
Analysts on Smartkarma have been closely covering CDW Corp/De, with insightful reports from top independent researchers. Baptista Research‘s report, “CDW’s Cloud Takeover: Can It Dominate In the SaaS Domain?” presents a bullish outlook. The report discusses CDW’s mixed performance in the fourth quarter of 2024, highlighting a 5% growth in net sales driven by increased demand in hardware sectors like client devices and networking communication.
On the other hand, another bullish report by Baptista Research, “CDW Corporation: Enhanced Cloud and SaaS Focus Driving Our Optimism! – Major Drivers,” delves into CDW’s third-quarter performance in 2024. Despite challenges, there are areas of resilience with gross profit and net sales figures showing complexities in the operational environment. These reports provide valuable insights for investors evaluating CDW Corp/De’s potential in the evolving IT products industry.
A look at Cdw Corp/De Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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 Corp/De is positioned for a positive long-term outlook based on Smartkarma Smart Scores. With strong momentum and resilience scores, the company shows promise in weathering market fluctuations and maintaining its growth trajectory. The company’s solid dividend score also indicates potential for steady income generation for investors. While the value score is not the highest, CDW Corp/De’s overall outlook remains positive, supported by its diverse portfolio of information technology products and services.
CDW Corp/De, a provider of IT products and services, demonstrates a balanced performance across various factors according to Smartkarma Smart Scores. Combining decent growth prospects with a reliable dividend, the company caters to a wide range of customers, including business, government, education, and healthcare sectors in North America. With a notable focus on momentum and resilience, CDW Corp/De is well-positioned to navigate the evolving market landscape and capitalize on opportunities for sustained growth and profitability.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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