CDW (CDW) Q1 Earnings and Revenues Surpass Estimates

Core Insights - CDW reported quarterly earnings of $2.15 per share, exceeding the Zacks Consensus Estimate of $1.96 per share, and showing an increase from $1.92 per share a year ago, resulting in an earnings surprise of 9.69% [1] - The company generated revenues of $5.2 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 6.25% and up from $4.87 billion year-over-year [2] - CDW has outperformed consensus revenue estimates three times in the last four quarters [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.44 on revenues of $5.41 billion, and for the current fiscal year, it is $9.53 on revenues of $21.05 billion [7] - The trend of estimate revisions for CDW is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Computers - IT Services industry, to which CDW belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Amdocs, another company in the same industry, is expected to report quarterly earnings of $1.71 per share, reflecting a year-over-year increase of 9.6% [9]