CDW: Q3 Earnings Insights

Shares of CDW CDW fell 0.7% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 7.65% year over year to $1.83, which beat the estimate of $1.51.

Revenue of $4,756,000,000 declined by 3.10% year over year, which beat the estimate of $4,580,000,000.

Outlook

CDW hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Nov 02, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.cdw.com%2F&eventid=2633637&sessionid=1&key=6830E7198FD02910522F7E3195A702A0&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $146.09

Company's 52-week low was at $73.39

Price action over last quarter: Up 6.03%

Company Profile

CDW Corp is a value-added reseller operating in the U.S. (95% of sales) and Canada (5%). The company has more than 100,000 products on its line of cards that range from notebooks to data center software. Roughly half of CDW's revenue comes from midsize and large businesses, with the remaining from small businesses, government agencies, education institutions, and health-care organizations.