Will CDW (CDW) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - CDW is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1][2]. Earnings Performance - CDW has a solid track record of surpassing earnings estimates, with an average surprise of 8.07% over the last two quarters [2]. - In the last reported quarter, CDW achieved earnings of $2.15 per share, exceeding the Zacks Consensus Estimate of $1.96 per share by 9.69% [3]. - In the previous quarter, CDW's actual earnings were $2.48 per share, surpassing the expected $2.33 per share, resulting in a surprise of 6.44% [3]. Earnings Estimates and Predictions - Recent estimates for CDW have been trending upward, indicating positive sentiment among analysts [5]. - The Zacks Earnings ESP for CDW is currently +2.41%, suggesting increased bullishness regarding its near-term earnings potential [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a strong likelihood of another earnings beat [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7].