07.02.2024 13:13:03 - dpa-AFX: CDW Corporation Q4 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - CDW Corporation (CDW) reported a profit for its
fourth quarter that increased from the same period last year and beat the
Street estimates.
The company's bottom line totaled $296.1 million, or $2.18 per share. This
compares with $287.2 million, or $2.09 per share, in last year's fourth quarter.
Excluding items, CDW Corporation reported adjusted earnings of $349.1 million or
$2.57 per share for the period.
Analysts on average had expected the company to earn $2.56 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 7.7% to $5.02 billion from $5.44
billion last year.
CDW Corporation earnings at a glance (GAAP) :
-Earnings (Q4): $296.1 Mln. vs. $287.2 Mln. last year.
-EPS (Q4): $2.18 vs. $2.09 last year.
-Analyst Estimate: $2.56
-Revenue (Q4): $5.02 Bln vs. $5.44 Bln last year.
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