CDW Corporation Stock News

CDW's first-quarter 2023 performance is affected due to weakness across all business segments and weakening IT spending.

CDW (CDW) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $2.20 per share a year ago.

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CDW's first quarter performance is affected by cautious customer spending.

Despite consistently beating the number, estimates for this stock have recently started to move a lot lower.

CDW will miss management's short-term growth forecast for fiscal Q1. The company is cutting costs to preserve its earnings power through the cyclical downturn.

CDW Corporation Stumbles Amid Challenging Market Conditions.

Shares of CDW Corporation tumbled more than 13% by Wednesday afternoon after the company warned its first-quarter sales numbers will fall short of Street expectations.  The information technology se

Wall Street was expecting CDW to report $5.6 billion in Q1 sales, but CDW just warned it's going to miss that target. Indeed, earnings for the entire year of 2023 will probably fall below 2022 levels.

IT services and consulting firm CDW warned 2023 U.S. IT spending will be down in the high single digits in 2023. Just one quarter ago CDW had seen it as flat.

CDW announces the preliminary results of the first quarter of 2023 and updates the U.S. IT market outlook.

CDW Corp. CDW, +0.73% shares dropped in the extended session Tuesday after the IT software provider forecast revenue below the Wall Street consensus because of tight business spending. CDW shares fell

Both CDW Corporation and Insight Enterprises stocks have beaten the S&P 500 in the last 12 months. The IT distribution sector enjoys favorable long-term trends.

After a beatdown in 2022, tech stocks appear to be making a comeback as the sector has gained around 2.47% year to date despite the continued uncertainty regarding inflation, interest rates, supply ch

CDW (CDW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.