CDW (CDW) Q4 Earnings and Revenues Beat Estimates

Core Viewpoint - CDW reported quarterly earnings of $2.57 per share, exceeding the Zacks Consensus Estimate of $2.44 per share, and showing an increase from $2.48 per share a year ago, indicating a positive earnings surprise of +5.54% [1] Financial Performance - CDW achieved revenues of $5.51 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.60% and up from $5.19 billion year-over-year [2] - The company has consistently exceeded consensus EPS estimates over the last four quarters [2] Stock Performance and Outlook - CDW shares have declined approximately 7.4% since the beginning of the year, contrasting with the S&P 500's gain of 1.1% [3] - The future performance of CDW's stock will largely depend on management's commentary during the earnings call and the earnings outlook [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $2.14 on revenues of $5.18 billion, and for the current fiscal year, it is $10.39 on revenues of $22.51 billion [7] - The trend of estimate revisions for CDW was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Computers - IT Services industry, to which CDW belongs, is currently in the top 40% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Another company in the same industry, Unisys, is expected to report quarterly earnings of $0.60 per share, reflecting a year-over-year change of +81.8% [9]