01.11.2023 12:23:10 - dpa-AFX: CDW Corporation Q3 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - CDW Corporation (CDW) reported a profit for its third
quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $315.5 million, or $2.32 per share. This
compares with $297.8 million, or $2.17 per share, in last year's third quarter.

Excluding items, CDW Corporation reported adjusted earnings of $369.4 million or
$2.72 per share for the period.

Analysts on average had expected the company to earn $2.60 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 9.5% to $5.63 billion from $6.22
billion last year.

CDW Corporation earnings at a glance (GAAP) :

-Earnings (Q3): $315.5 Mln. vs. $297.8 Mln. last year.
-EPS (Q3): $2.32 vs. $2.17 last year.
-Analyst Estimate: $2.60
-Revenue (Q3): $5.63 Bln vs. $6.22 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CDW CORP. DL-,01 A1W0KL Frankfurt 205,600 10.05.24 21:55:02 +1,100 +0,54% 0,000 0,000 206,500 205,600

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